Dow, S&P 500 close at all-time highs

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Dow, S&P 500 close at all-time highs

Delancey Strategies president Jared Levy provides insight on the U.S. markets.

U.S. stocks closed in record territory on Wednesday despite lingering worries about the coronavirus’ omicron variant.

STOCK FUTURES FLAT AMID OMICRON CONCERNS

The Dow Jones Industrial Average climbed 90.42 points, or 0.25%, setting a new record. The S&P 500 rose 0.14%, setting its own record, while the Nasdaq Composite ended down 0.10%. It marked the first record close for the Dow since Nov. 8.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	36488.63	+90.42	+0.25%
SP500	S&P 500	4793.06	+6.71	+0.14%
I:COMP	NASDAQ COMPOSITE INDEX	15766.216275	-15.51	-0.10%

Meanwhile, oil climbed 0.76% to $76.56 per barrel, its highest level since Nov. 24. The 10-year Treasury yield also jumped 6.2 basis points to 1.542%, finishing at a five-week high.

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On the economic data front, pending home sales fell

Dow tanks 532 points, Nasdaq notches gain

Mainstay Capital Management CEO David Kudla predicts blue-chip stocks will be strong investments amid Federal Reserve changes.

U.S. stocks fell for the second straight session as investors wrapped the week.

The Dow Jones Industrial Average fell 532 points or 1.5%, while the S&P 500 slipped 1%. The Nasdaq Composite, bucked the downtrend, inching 0.07% higher.

Traders also faced triple witching when stock and index options expire along with index futures kicking up volatility.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	35365.44	-532.20	-1.48%
SP500	S&P 500	4620.64	-48.03	-1.03%
I:COMP	NASDAQ COMPOSITE INDEX	15169.682092	-10.75	-0.07%

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The Federal Reserve-driven rally fizzled after policymakers said they are preparing to begin raising rates next year to fight inflation.

Gold got a boost in a flight to safety and is on pace to close at a one-month-high, as oil slipped 2%

Dow jumps 647 points as omicron volatility fades

NTU Executive Vice President Brandon Arnold and Annandale Capital Founder George Seay discuss market activity amid omicron fears.

U.S. stocks rallied as investor fears over the omicron variant eased, even as rising inflation and uncertainty over the Federal Reserve’s tapering plan remain top of mind.

The Dow Jones Industrial Average rose 647 points or 1.9% after gaining over 750 points earlier in the session. It was the best day since March.

The S&P 500 and Nasdaq Composite gained 1.1% and 0.9%, respectively.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	35227.03	+646.95	+1.87%
SP500	S&P 500	4591.67	+53.24	+1.17%
I:COMP	NASDAQ COMPOSITE INDEX	15225.152466	+139.68	+0.93%

Most of the 30 Dow stocks rose, with Walgreens, Boeing and Amgen among the best performers.

Ticker	Security	Last	Change	Change %
WBA	WALGREENS BOOTS ALLIANCE, INC.	48.30	+1.77	+3.80%
BA	THE BOEING CO.	205.87	+7.37	+3.71%
AMGN	AMGEN, INC.	208.79	+6.35

Dow sinks 462 points as omicron US case rocks stocks

Crossmark Global Investments CIO Bob Doll provides insight into economic and market trends.

U.S. stocks got whipsawed on Wednesday after the CDC confirmed the first U.S. case of omicron in California.

The Dow Jones Industrial Average fell over 462 points or 1.3% surrendering gains of over 300 points earlier. While the S&P 500 and the Nasdaq Composite sank 1.3% and 1.8%, respectively.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	34022.04	-461.68	-1.34%
SP500	S&P 500	4513.04	-53.96	-1.18%
I:COMP	NASDAQ COMPOSITE INDEX	15254.052094	-283.64	-1.83%

This as the VIX, the so-called fear index which measures volatility, spiked to the highest level since March.

Ticker	Security	Last	Change	Change %
VXZ	BARCLAYS BANK PLC TRK ZT 23/01/48	28.25	+0.52	+1.88%

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The Federal Reserve’s Beige Book, released at 2 pm ET, showed several regions reported supply chain issues and bottlenecks as possible

Dow dives 650 points after Powell’s omicron, inflation warning

Slatestone Wealth chief market strategist Kenny Polcari and Kearney head of consumer and retail practice Greg Portell discuss market movement amid new coronavirus developments and Black Friday shopping.

U.S. stocks finished in the red on Tuesday after Federal Reserve Chair Jerome Powell warned the omicron variant could result in a faster path to tapering.

The Dow Jones Industrial average tumbled over 650 points, or 1.8%, while the S&P 500 and Nasdaq Composite slipped 1.9% and 1.5%, respectively.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	34483.72	-652.22	-1.86%
SP500	S&P 500	4567	-88.27	-1.90%
I:COMP	NASDAQ COMPOSITE INDEX	15537.690666	-245.14	-1.55%

Powell told members of Congress that the omicron variant could mean policymakers may need to speed up the pace of previously outlined tapering plans. He also noted the U.S. will get a clearer picture on the variant in about ten days.

On inflation, he said removing