Friday, November 22, 2024

Wall Street closes with gains after risk reduction by Omicron

Wall Street It closed slightly higher on Wednesday as investors cheered the encouraging news about Covid-19 vaccines from Pfizer and BioNTech.

Pfizer and BioNTech He noted that a three-dose series of the vaccine nullified the Omicron variant in a lab test and that they could dispense an improved vaccine in March 2022 if needed.

All three indices of the New York Stock Exchange closed higher. The S&P 500 airlines sub-index reached its highest point since November 24, before news of the variant emerged.

What was the performance of the three major Wall Street indexes?

inside Wall Street, The Standard & Poor’s 500 It increased 14.46 points, or 0.31%, to 4,701.21 points. at the same time Nasdaq It rose 100.07 points, or 0.64%, to 15,786.99 units. The Promedia Industrial Dow Jones It rose 35.32 points, or 0.10%, to 35,754.75 units.

During Wednesday’s session, the stock markets in Wall Street They’ve worked in mixed numbers, after learning that vaccines are less effective before Omicron if you only have two doses, as well as possible restriction measures by the UK.

Investors were concerned that alternative Omicron could impose new restrictions on countries and harm the global economic recovery.

In an effort to slow its spread, Britain He said he would implement stricter measures, including recommending working from home.

Although the Pfizer He said protection against Omicron It fell among people who only took two doses of the vaccine, and investors remained calm.

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