Investor Alert

Dec. 6, 2021, 1:30 p.m. EST

Dow industrials rally surge on Monday puts blue-chip, stock-market index on track for best day in over a year

The Dow Jones Industrial Average on Monday afternoon was on track for its best point and percentage gain in more than a year, as investors bought a recent dip in stocks that has been at least partly precipitated by fears of the COVID omicron variant and worries about Federal Reserve policy. Monday's gains saw the Dow (DOW:DJIA) rise 2.1%, or 713 points, which would mark the sharpest percentage gain for the 30-stock index since Nov. 9, 2020 when it gained 834 points, or 2.95%, FactSet data show. The session's gain was being powered primarily by advances in UnitedHealth Group Inc. (NYS:UNH) , Goldman Sachs Group Inc. (NYS:GS) , Home Depot (NYS:HD) and Visa Inc. (NYS:V) . Only shares of Nike Inc. (NYS:NKE) , salesforce.com (NYS:CRM) and Verizon Communications Inc. (NYS:VZ) were trading in negative territory among the Dow's components in afternoon trade.

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