NEW YORK, Dec 6 — Industrial and financial stocks rallied while technology shares faltered early today amid expectations for increased volatility as US markets consider the latest Covid-19 threat and potential monetary policy shifts.
“The Omicron variant is being identified in more places around the world, as well as in more places in the United States, but... the variant, based on early findings, doesn’t seem to be particularly virulent,” said Briefing.com analyst Patrick O’Hare.