S&P 500 Hovers Near Record High as Omicron Worries Recede

S&P 500 Hovers Near Record High as Omicron Worries Recede
Traders work on the trading floor on the last day of trading before Christmas at the New York Stock Exchange (NYSE) in Manhattan, New York City, on Dec. 23, 2021. Andrew Kelly/Reuters
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Wall Street’s main indexes rose for a third straight session on Thursday after early data suggested the Omicron variant of the coronavirus was less severe than feared, lifting the mood ahead of Christmas break.

The S&P 500 was within striking distance of its record high hit on Nov. 22, riding on broader gains, including in travel-related stocks, which are highly sensitive to pandemic-related news.