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Stocks New York Conclusion: Investors shake off Omikron worries for the time being

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NEW YORK (dpa-AFX) – Investors accessed the US stock exchanges on Monday. The Coronavirus variant Omikron initially lost its horror. Access was mainly used for standard stocks in the Dow Jones Industrial, which rose by 1.87 percent to 35,227.03 points. The leading index has now caught up with a large part of the price slide since the variant became known. He has gained 3.6 percent since the fall in the meantime to 34,000 points.

The market-wide S&P 500 rose by 1.17 percent to 4591.67 points on Monday. He and the Dow again outperformed tech stocks. The Nasdaq 100 selection index, which was shaped by these, made it into positive territory at 0.85 percent after the sell-off on Friday at the beginning of the week. At 15,846.16 points, it recovered from its lowest level since the end of October.

Even if the data situation on Omikron is still considered thin, the market pointed to more hopeful news from South Africa. Evidence that infections with the virus variant could be less dramatic encouraged investors to buy again. This was especially true for papers from traditional branches of industry and those branches that are particularly susceptible to developments in the Corona crisis./tih/jha/

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