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U.S. stock market opens higher Monday

Tiger Newspress2021-12-06

U.S. stock market opens higher Monday as investors looks past the emerging threat from the omicron Covid-19 variant, rotating out of high-priced technology shares and into names linked to the recovering economy.

The Dow gained 290 points, or nearly 1%, while the Nasdaq Composite rose 0.2%. The S&P 500 was higher by 0.6%.

High-priced tech shares were lower, continuing a de-risking theme in markets. Nvidia was off by 4.5% while Tesla fell nearly 3%.

Stocks linked to the reopening of the economy gained on Monday, boosting sentiment on the Dow. Boeing and Chevron shares were in the green.

Delta Airlines shares gained 2%. Carnival and Wynn Resorts shares were about about 1%. Cruise lines and travel booking stocks were higher too.

Bitcoin traded around $57,000 on Friday morning, but by Saturday had plunged to around $43,000. By Monday the world’s largest cryptocurrency had clawed back some of its losses, last trading at around $47,377.

Shares of Coinbase lost about 5%, while Square declined by more than 2%.

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评论28

  • JeffTan27
    ·2021-12-07
    like
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  • PalantirMood
    ·2021-12-07
    Hopefully,  found some support 
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  • Hsc
    ·2021-12-07
    Great
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  • koolgal
    ·2021-12-07
    Yay!  The Bull is back after the doom and gloom of the last few days!  Let's celebrate and be merry! 🎊🎉🎊
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    • koolgal
      Thanks
      2021-12-07
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    • koolgal
      Thanks
      2021-12-07
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    • koolgal
      I hope so too. 🙏
      2021-12-07
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    查看更多 2 条评论
  • Leeyongtatt
    ·2021-12-07
    Good
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    收起
    • rongjun
      Wow
      2021-12-19
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    • ACECHUA
      Wow
      2021-12-07
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  • CCLEE
    ·2021-12-07
    Good 👍
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  • 6cdf22ea
    ·2021-12-07
    I would venture to say that the bull market is not yet over
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  • JohnsonYeo
    ·2021-12-07
    Yes
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  • PC21
    ·2021-12-06
    Volatility till covid ends.
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    • PC21
      lock down the planet.
      2021-12-06
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  • angelo0908
    ·2021-12-06
    Good
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    • PiGu
      [smile]
      2021-12-06
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  • Jypsy
    ·2021-12-06
    👍
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  • AmandaHo
    ·2021-12-06
    Yes!
    回复
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  • AmandaHo
    ·2021-12-06
    Niceee
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  • HR88
    ·2021-12-06
    Like and comment pls
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  • JaiVenky
    ·2021-12-06
    Nice!
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    收起
  • TheTraDer
    ·2021-12-06
    Up
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    收起
    • HR88
      .
      2021-12-06
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  • cubinvestor
    ·2021-12-06
    Great 👍
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  • xxbbew
    ·2021-12-06
    Like
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    收起
    • yl2021
      ok
      2021-12-06
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  • JcJc
    ·2021-12-06
    This must be a joke !!!
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    收起
    • xxbbew
      Ok
      2021-12-06
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