US Stocks Rebound Following Recent Sell-Offs as Omicron Concerns Subside

Last Updated: Thursday, December 2, 2021 4:00 PM | MT Newswires

US stocks were trading higher Thursday following recent sell-offs as concerns regarding the COVID-19 omicron variant appear to have subsided with reports that it may be less deadly than feared.

The Dow Jones Industrial Average jumped 1.7% to 34,591.44, the S&P 500 was up by 1.3% to 4,570.98 and the Nasdaq Composite was higher by 0.7% to 15,361.79. All sectors were in the green, led by industrials, energy and financials.

The 10-year US Treasury yield was little changed at 1.436%.

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