New York: S & P 500 closed slightly lower after reaching an intraday high record on Tuesday, as a four-day rally rally lost in thin trade and investors burdened the travel disturbance driven by Omicron.
Disease Control and Prevention Center (CDC) on Monday shortened the suggested isolation time for Americans with Covid-19 to five days asymptomatic cases from the previous 10-day guide.
Updates follow approval for new pills and more vaccines to fight Covid-19.
It helps investors ignore concerns over thousands of cancellations of aviation and Apple Inc.
turn off New York shops because they are soaring, and placing our shares at monthly speeds.
“This is a holiday shortened week.
So the daily movement is likely to be exaggerated because the volume is relatively low,” said Sam Stovall, the head of investment strategist at CFRA Research in New York.
Seven of the 11 main S & P 500 sector indices rose on Tuesday.
Technology and LED communication services decrease.
The average Dow Jones industry rose 95.83 points, or 0.26%, to 36,398.21; The S & P 500 lost 4.84 points, or 0.10%, to 4,786.35 and the Nasdaq composite fell 89.54 points, or 0.56%, to 15,781.72.
In the company news, Boeing Co rose 1.46% because Indonesia raised a ban on 737 max, three years after an accident of one of the planes and lost all 189 people on the ship.
The market is in the seasonal Santa Claus rally, with CFRA research data that shows the S & P 500 has an average of 1.3% in the last five trading days of this year, and the first two days of the new year since 1969.
“Investors digest advantage of three The last day, …
but there are worries like how the Omicron variant will affect the market? Does it finally cancel the Santa Claus rally? What about the Fed increase interest rates, can cause challenges for the next year? “Said the stove.
The Federal Reserve gave a signal earlier this month three rising rates of a quarter percentage at the end of 2022 as the economy approached full work and the US central bank overcame the surge in inflation.
The volume of US exchange was 7.55 billion shares, compared with an average of 11.56 billion for a full session for the last 20 trading days.
The problem declining exceeds the amount that advances on the NYSE with a ratio of 1.04-to-1; On the NASDAQ, the ratio of 1.88-to-1 is preferred by the decliner.
The S & P 500 posted 81 highs of 52 weeks and no new lows; The Nasdaq Composite recorded 105 newest new and 264 newest lowest.