The main indices of Wall Street They closed higher on Monday, supported by a rise in sectors sensitive to the economic cycle and travel-related stocks, as investors were encouraged by optimistic comments from a US official on the new variant of Covid-19, Ómicron. .
Of the three main references of Wall Street, the Dow Jones was the one that climbed the most. Energy and industrial stocks were among the best performing sectors in the year. S&P.
The declines in the shares of vaccine companies against Covid-19 limited the increases of the healthcare sector.
While the Omicron variant of Covid-19 has sparked alarm and some new restrictions around the world, investors appeared to be reassured after Dr. Anthony Fauci, America’s top infectious disease official, said “so far it doesn’t seem that has a high degree of severity. “
“People are less concerned about variance,” said King Lip, chief investment strategist at Baker Avenue Asset Management.
Lip also mentioned the momentum of the news that the central bank of china It will cut the amount of cash banks have to keep in reserve, which could boost foreign companies selling products in China, as well as the country’s economy.
The S&P 500 gained 53.24 points, or 1.17%, to 4,591.67 units, while the Nasdaq it gained 139.68 points, or 0.93%, to 15,225.15 units. The Promedio Industrial Dow Jones it rose 646.95 points, or 1.87%, to 35,227.03 units.
The main indices of Wall Street have rocked strongly since Nov. 26, as investors have taken in the news about the Omicron variant of Covid-19 and the more aggressive comments from Federal Reserve Chairman Jerome Powell.
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Reference-www.eleconomista.com.mx