Stock Groups

Wall Street Opens Sharply Higher as Omicron Fears Recede; Dow up 400 Pts -Breaking


© Reuters

Geoffrey Smith — U.S. stock exchanges opened strongly higher Tuesday, as traders raced to buy the latest dip, hoping that Covid-19 will not be disruptive economically.

At 9:45 ET (1445 GMT), there was a 409 point increase, or 1.2%. The was also up 1.6%, and up 2.2%.

The Omicron strain was identified in South Africa. It is thought to cause a milder illness than its Delta counterpart, which has been blamed for the majority of the deaths from Covid-19 over the past 21 months. Due to its high infectiousness and less burden on the public health system around the world, a strain that is dominant could accelerate the process toward herd immunity. This would help to end the pandemic earlier.  




Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.