Spencer Platt is a photographer.
US stocks rose Tuesday as investors looked to take advantage of prices that were beaten down in the previous session as the Omicron coronaviruses strain continued to spread worldwide.
The selloff in highly-valued tech stocks led to a 1% decline in the index on Monday, but all three of Wall Street's major indexes pushed higher. The Biden administration will purchase and send 500 million at- home coronaviruses test kits as part of its response to the persistent Pandemic.
"It looks like we are going to at least try for a turn around this Tuesday, following news that Omicron is now the dominant variant in the US," said Bespoke Investment Group in a note. If the data is accurate, this is a good thing as the strain of COVID appears to be less severe than the Delta strain, even if it is more transmissible.
The US indexes stood at 9:30 a.m. on Tuesday.
Jack Dorsey, co- founder of the micro-messaging service, says venture capital involvement means that users don't own Web3 or the metaverse.
Oil prices went up. West Texas Intermediate crude was up 1.5%. The international benchmark rose 1.5% to $72.56
The price of gold was at $1,797 per ounce. The 10-year yield is up 3 basis points.
The price of the digital currency was $49,071.20.
Business Insider has an original article.
