Stocks rebound sharply from omicron sell-off, Dow rises more than 600 points

[MongiIG]

Stocks rebounded sharply on Thursday, following an omicron-driven sell-off in the previous session, as cyclical names made back some of their recent losses.

The Dow Jones Industrial Average gained 617.75 points to 34,639.79, helped by a 7.5% uptick in Boeing’s stock. The S&P 500 rose 1.4% to 4,577.10. The technology-heavy Nasdaq Composite gained 0.8% to 15,381.32. The small-cap benchmark Russell 2000, full of the most economically sensitive names, added 2.7%.

Full article by CNBC