Wall Street Rises for 3rd Day as Omicron Fears Ease

Wall Street Rises for 3rd Day as Omicron Fears Ease
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, U.S. on Dec. 23, 2021. Andrew Kelly/Reuters
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Wall Street’s main indexes rose solidly for a third straight session on Thursday after more encouraging developments about the impact of the Omicron variant of the coronavirus, lifting the mood ahead of Christmas break.

The S&P 500 was near its intraday record high as most sectors gained. Industrials and consumer discretionary were the top-performing sectors, both up about 1.3 percent.