S&P 500 Jumps as Investors Swoop Into Tech Following Friday’s Rout By Investing.com – Investing.com

S&P 500 Jumps as Investors Swoop Into Tech Following Friday’s Rout By Investing.com – Investing.com

By Yasin Ebrahim

Investing.com – The S&P 500 climbed Monday, shrugging off lingering worries about the impact of the new Omicron Covid-19 variant as investors piled into beaten down tech stocks following a rout last week.

The rose 1.59%, the gained 0.89%, or 312 points, the Nasdaq gained 2.1%.