Market

Wall Street Extends Fifth-Straight Winning Day As Investors Look Past Omicron



U.S. stocks extended gains Tuesday, with the Dow Jones Industrial Average notching 96.3 points to close at 36,398.67.

The Dow continued its five-day win streak since November, amid investor optimism that the current spread of omicron infections with have a short-lived impact on the global economy.

Other indices also mostly stayed put: the Nasdaq Composite dipped 0.6% to close at 15,781.72, and the S&P 500 slid 0.1% to close at 4,786.45.

Studies suggesting the new variant carries milder symptoms, as well as guidance from the Centers for Disease Control and Prevention to shorten isolation times for those infected to five days from 10, has added to solid December gains for stocks on Wall Street even as case counts continue to rise.





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