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What is the effect on Nasdaq as tech stocks lead rebound from Omicron virus fears?   


Jack Penn
@Jack.Penn · Posted 30 Nov. 2021


Rachael Davis
@Rachael.Davis · Posted 30 Nov. 2021

As per the Tech news the stocks related to tech-led were the highest priority as the investors suspected that the threatening Omicron variant of COVID-19 may affect the market. According to the report of Pfizer &  Moderna, they are on their way to testing the efficacy of the vaccines currently. The stocks of the US burst on this Monday with that of Nasdaq 100 which is near up to 2% as many of the investors recovered from many losses. 


Richard Blake
@Richard.Blake · Posted 30 Nov. 2021

On Friday due to the identification of a new COVID- 19 variant, Omicron, which is considered to be more contagious than other mutations, the price of the oil also followed the same path as the stocks. As per the report, there are only mild symptoms of the variant named Omicron. Lockdowns are done in the country which is of potential concern. If the stock prices get down then it would be too bullish because the symptoms are very mild.   


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