Dow jumps 647 points as omicron volatility fades
NTU Executive Vice President Brandon Arnold and Annandale Capital Founder George Seay discuss market activity amid omicron fears.
U.S. stocks rallied as investor fears over the omicron variant eased, even as rising inflation and uncertainty over the Federal Reserve’s tapering plan remain top of mind.
The Dow Jones Industrial Average rose 647 points or 1.9% after gaining over 750 points earlier in the session in what is the best day since March. The S&P 500 and Nasdaq Composite gained 1.1% and 0.9%, respectively.
Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES 35227.03 +646.95 +1.87%SP500 S&P 500 4591.67 +53.24 +1.17%I:COMP NASDAQ COMPOSITE INDEX 15225.152466 +139.68 +0.93%
Most of the 30 Dow stocks rose as Walgreen’s, Boeing and Amgen were among the best performers.
Ticker Security Last Change Change % WBA WALGREENS BOOTS ALLIANCE, INC. 48.30 +1.77 +3.80%BA THE BOEING CO. 205.87 +7.37 +3.71%AMGN AMGEN, INC….
