US Stocks Advance as Omicron Concerns Wane; Apple Jumps

Last Updated: Tuesday, December 7, 2021 4:14 PM | MT Newswires

US stocks were higher for a second consecutive day as big tech names rallied and as concerns over the newly discovered COVID-19 omicron variant waned while data showed that trade deficit narrowed.

The Dow Jones Industrial Average climbed 1.4% to 35,719.43, the S&P 500 was up 2.1% to 4,686.75 and the Nasdaq Composite 3% higher to 15,686.92 on Tuesday. Technology led the sectors, followed by consumer discretionary, with all sectors in the green.

The 10-year US Treasury yield rose 4.3 basis points to 1.48%.

Share this article:

Related Companies

You May Also Like