S&P 500 Makes Strong Start to Week as Omicron Fears Ease By Investing.com – Investing.com

  • Date: 07-Dec-2021
  • Source: Investing.com
  • Sector:Transport
  • Country:Gulf
  • Who else needs to know?

S&P 500 Makes Strong Start to Week as Omicron Fears Ease By Investing.com – Investing.com

By Yasin Ebrahim

Investing.com – The S&P 500 closed higher Monday, as easing fears about the impact of the Omicron variant of Covid-19 renewed investor bets on cyclical stocks, while a intraday rebound in tech also pushed the broader market higher.

The rose 1.2%, the gained 1.9%, or 646 points, the Nasdaq climbed 0.9%.