Skip to Content
AP National Business

Stocks rise after 3-day slump over virus, inflation worries

<i></i><br/>
KMIZ

By
Published 9:31 AM

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks are rising on Wall Street Tuesday after three days of losses brought on by worries over the spread of the omicron variant and lingering concerns about rising inflation. The S&P 500 rose 1.7%, the Dow Jones Industrial Average rose 1.5% and the Nasdaq rose 2.3%. Small-company stocks rose more than the rest of the market, a signal that investors were feeling a bit more optimistic about the economy. Prices for ultra-safe U.S. government bonds fell, sending yields higher. Energy prices also rose. Nike, one of the 30 stocks in the Dow, jumped 6.4% after turning in strong quarterly results.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content