Assessing Omicron
Submitted by Little & Associates Wealth Management on December 13th, 2021A more benign reassessment of the possible economic risk posed by Omicron sent stocks sharply higher last week.
The Dow Jones Industrial Average picked up 4.02%, while the Standard & Poor’s 500 advanced 3.82%. The Nasdaq Composite index gained 3.61% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, rose 2.74%.