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How major US stock indexes fared Monday

KIFI

The Associated Press

The stock market steadied itself Monday following a slide last week brought on by the newest coronavirus variant. Investors are waiting for more clues about just how much damage the new strain may do to the economy. The S&P 500 recovered more than half its drop from Friday. Bond yields and crude oil also recovered chunks of Friday’s knee-jerk reaction to run toward safety and away from risky investments. While the market was steadier, it didn’t return to the full-on rally it had been on before the discovery of the variant now known as omicron.

Article Topic Follows: AP National Business

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Associated Press

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