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Stocks jump as omicron fears ease, Intel pops
Will new Fed rate hikes help inflation?
Former Council of Economic Advisers acting chairman Tyler Goodspeed discusses latest inflation fears on ‘Mornings with Maria’
U.S. stocks jumped extending the rally from the prior session as fears continue to fade over the omicron variant.
DOW JONES AVERAGES
NASDAQ COMPOSITE INDEX
The Dow Jones Industrial Average rose over 300 points or 1%, while the S&P 500 and Nasdaq Composite gained 1.4% and 1.9%, respectively.
Apple helping support large-cap tech as it nears a fresh all-time high of $170 per share.
UNITED STATES OIL FUND L.P.
UNITED STS BRENT OIL FD LP UNIT
Investors will also monitor a phone call between President Biden and Russian President Vladimir Putin in which the two are expected to discuss the global oil supply and Russia's aggressiveness with Ukraine. Oil rose to the $71 per barrel level.