S&P 500 ends within stone’s throw of record high as stocks clinch 3rd straight gain on Wednesday


U.S. stocks on Wednesday notched a third day of gains as investors weighed the effects of the omicron variant of coronavirus that causes COVID-19 on the economy. The S&P 500 index SPX, +0.31% closed up 0.3% to reach 4,701, putting the broad-market benchmark within shouting distance from its Nov. 18 closing high at 4,704.54, while the Dow Jones Industrial Average DJIA, +0.10% eked out a 0.1% gain at 35,754.75, not from its Nov. 8 closing high at 36,432.22, while the Nasdaq Composite Index COMP, +0.64% climbed 0.6% to around 15,787, bringing it within 2% of its all-time high.

This article was originally published by Marketwatch.com. Read the original article here.

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