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Tuesday, January 18, 2022
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Dow, S&P close at record highs as Omicron worries ease

The Dow and S&P 500 closed at all-time highs on Wednesday (December 29) on a boost from retailers including Walgreens and Nike, as investors shrugged off concerns on the spreading Omicron variant.

The Dow has now risen six straight trading days, marking the longest streak of gains since a seven-session run from March 5 to March 15 this year.

According to preliminary data, the S&P 500 gained 6.59 points, or 0.14%, to end at 4,792.94 points, while the Nasdaq Composite lost 16.15 points, or 0.10%, to 15,765.57.

The Dow Jones Industrial Average rose 90.95 points, or 0.25%, to 36,491.04.

(Production: Aleksandra Michalska, Chris Dignam)

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