The tech-heavy Nasdaq Composite finished at 15,521.89, jumping 1.2% or 180.84 points due to strong performance by large-cap technology stocks.
So far, more than 90 countries have witnessed the Omicron variant of coronavirus and the number of cases is doubling in 1.5 to 3 days in areas with community transmission.
However, on Dec 21, President Joe Biden said “absolutely no” to whether March 2020-style lockdowns will return to the United States as a result of the rapid spread of Omicron.
In a major development in COVID-19 treatment front, on Dec 22, the FDA granted emergency authorization to Pfizer Inc.’s PFE COVID-19 treatment pill.
From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before.