US stocks rise to kick off 2022 as investors sidestep concerns around latest virus wave



The stock market has risen over the last year, helping to break the 36,000 barrier.

IANS News Agency

US stocks surged on Monday, starting with gains as investors sidestep concerns about rising COVID cases.
Over the holiday week, daily COVID-19 cases surged to record highs, but hospitalizations remained below prior peaks.
The company's Q4 deliveries surpassed analyst expectations and helped propel the stock up as much as 7%.
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US stocks moved higher on Monday, starting with gains in 2022.

New daily cases of COVID-19 surged to record highs throughout the holiday week, but hospitalizations and deaths remain well below prior peaks, suggesting new variant Omicron are less deadly.
On Monday, bullish investors were excited by the news of record fourth-quarter deliveries byTesla. The company delivered over one million vehicles in the year. In the early hours of Monday, shares of the company jumped as much as 7%.

The US indexes stood at 9:30 a.m. The hours are open on Monday.

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The first three days of the year were mostly flat for Cryptocurrencies as they continued to digest strong gains in 2021.
The price of West Texas Intermediate crude oil dropped as much as 1%. The price of oil fell as much as 0.05% to $77.20 per barrel.

The price of gold fell as much as 1%.
Business Insider has an original article.