S&P 500 rebounds 1% from Friday’s omicron-induced sell-off, Dow gains 300 points

Tiger Newspress2021-11-29

Stocks rebounded on Monday following a major sell-off to end last week spurred by concerns about the Covid omicron variant.

The Dow Jones Industrial Average gained 368 points, or 1.1%. The S&P 500 added 1.2%. The tech-focused Nasdaq Composite rose about 1.5%.

Stocks that were the hardest hit on Friday were rebounding the most on Monday.

Travel related names were up across the board. Carnival Corp. and Norwegian Cruise Lines were up more than 5% apiece. Royal Caribbean popped 6.5%. Airline stocks also charged higher with United Airlines up 3%, and Delta Airline and American Airline gaining about 1% each. Online travel booker Booking Holdings rose 2%.

One stock that continued its Friday trend was Moderna. The vaccine maker’s stock was up another 10% after jumping 20% on Friday.

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精彩评论

Jialatsia
2021-11-30
Jialatsia
Meep
Gladys8jk
2021-11-30
Gladys8jk
Ok
SPOT_ON
2021-11-30
SPOT_ON
StarHub stated it entered into an exclusive partnership with Nvidia, making it first in Southeast Asia and the only operator in Singapore to introduce GeForce Now cloud gaming$STARHUB LTD(CC3.SI)$
- SPOT_ON:
  👍 👍 👍 👍
- saral:
  👍
- SPOT_ON:
  love ❤ 😍 💖 ❣ 💕 💘
Hsc
2021-11-30
Hsc
Great
Kohtetlumin
2021-11-30
Kohtetlumin
HelznnLzbzzZZzzzBzzxz
Cub88
2021-11-29
Cub88
Seen

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