The stock market managed to find some upward momentum, reversing course from a couple of straight days of losses previously. At this point, investors are getting whipsawed by changing views about the potential threat of the omicron COVID-19 variant and the future course of the global economy.
For today, market participants were generally optimistic. Major market benchmarks like the Dow Jones Industrial Average ( ^DJI ), S&P 500 ( ^GSPC 1.42% ), and Nasdaq Composite ( ^IXIC 0.00% ) finished near their best levels of the day.
Index |
Daily Percentage Change |
Daily Point Change |
---|---|---|
Dow |
+1.82% |
+618 |
S&P 500 |
+1.42% |
+64 |
Nasdaq |
+0.83% |
+127 |
Yet many of the big winners seemed…