Wall Street posts robust gains at close with boost from Nike, Micron, following Omicron slide – Reuters

Wall Street posts robust gains at close with boost from Nike, Micron, following Omicron slide – Reuters

Dec 21 (Reuters) - Wall Street's main indexes closed sharply higher on Tuesday, with strength in travel and tech shares as well as in Nike and Micron Technology following their earnings, as stocks rebounded from a coronavirus-fueled rout the session before.

The rapidly spreading Omicron variant of the coronavirus has rattled stock markets around the world, triggering volatility in the final month of 2021, which has otherwise been a strong year for equities.

Gains in massive technology and tech-related stocks such as Microsoft (MSFT.O) and Apple (AAPL.O) lifted indexes on Tuesday, as did increases in economically sensitive groups such as energy (.SPNY). Travel-related stocks surged, with Carnival Corp (CCL.N), Las Vegas Sands and Expedia Group (EXPE.O) among the top percentage gainers on the S&P 500.