U.S. stocks jumped Thursday, continuing a tumultuous week for markets driven by uncertainty about the potential impact of the Omicron variant on public health and the economy.
Equities rose, with the S&P 500 and Dow Jones Industrial Average more than recouping Wednesday’s losses. All 11 sectors of the S&P 500 were up, with all but one rising at least 1%. Oil prices and bond yields rose. Investors already confronting rising inflation are now also evaluating the likelihood that Omicron could spur changes in government or monetary policy, which has led to pronounced volatility in recent sessions.
You seem disappointed
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks drop as Omicron fears keep markets on edgeEuropean stock indexes opened lower on Thursday, reversing gains from the previous session as a lack of information about the Omicron variant of COVID-19 left markets volatile, and as investors also bet on faster Fed tapering.
Source: Reuters - 🏆 2. / 97 Read more »
Stocks Rise After Omicron-Driven SelloffThe Dow gained more than 600 points, rebounding from yesterday's Omicron-driven selloff as the market's weeklong volatility continued
Source: WSJ - 🏆 98. / 63 Read more »
Stocks making the biggest moves midday: Kroger, Boeing, Dollar General and moreThese are the stocks posting the largest moves in midday trading. Here’s my situation with Kroger…ordered $12,500 in gift cards so my nonprofit can give them to families in need. Money was wired 18 days ago and they couldn’t find it until yesterday. Haven’t gotten an email saying they’ve been shipped and was laughed at by customer service.
Source: CNBC - 🏆 12. / 72 Read more »
Here’s What Wall Street’s Biggest Banks Predict For Stocks In 2022—And What To Watch ForMost forecasts remain cautiously optimistic about the market’s prospects next year but warn of below average returns.
Source: Forbes - 🏆 394. / 53 Read more »
Stocks Rise After Omicron-Driven SelloffThe Dow gained more than 600 points, rebounding from yesterday's Omicron-driven selloff as the market's weeklong volatility continued
Source: WSJ - 🏆 98. / 63 Read more »