Wall Street’s main indexes rose for a third straight session on Thursday after early data suggested the Omicron variant of the coronavirus was less severe than feared, lifting the mood ahead of Christmas break. The S&P 500 was within striking distance of its record high hit on Nov. 22, riding on broader gains, including in travel-related stocks, which are highly sensitive to pandemic-related news. Casino operators Melco Resorts & Entertainment Ltd, Wynn Resorts, and MGM Resorts rose between 1 percent and 6 percent, while the S&P 1500 airlines index advanced 0.7 percent. Two vaccine makers said their shots offered protection against Omicron, as UK data suggested it may cause proportionally fewer hospitalizations than the Delta coronavirus variant, supporting conclusions reached in South Africa. World Health Organization officials have, however, warned against drawing firm conclusions about its virulence. As investors head into the new year following what has been a bumper …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta