Stocks Rebound After Biden Says No Lockdowns Needed For Omicron

Topline The stock market finished higher on Monday—rebounding from its biggest selloff of the year on Friday—as investors reassessed the Covid omicron variant’s potential impact on markets following optimistic comments from President Joe Biden. Stocks rebounded on Monday, gaining back some of the massive losses from Friday’s omicron … [+] variant-induced selloff. zz/NDZ/STAR MAX/IPx Key…

How Low Will Stocks Go?

Global selling getty This year’s Black Friday was marked not by buying, but by selling, as overseas markets plunged in overnight trading Friday, with Japan’s Nikkei and Hong Kong’s Hang Seng down over 2.5%. The Spyder Trust (SPY) SPY , which tracks the S&P 500, opened down 1.4%, which in turn triggered even more selling…