U.S. stocks close mixed with Dow notching 6-day winning streak

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NEW YORK, Dec. 29 (Xinhua) — U.S. stocks finished mixed on Wednesday as investors continued to assess the fallout from the Omicron variant.

The Dow Jones Industrial Average was up 90.42 points, or 0.25 percent, to 36,488.63, posting its sixth-straight winning day. The S&P 500 rose 6.71 points, or 0.14 percent, to 4,793.06. The Nasdaq Composite Index lost 15.51 points, or 0.10 percent, to 15,766.22.

Eight of the 11 primary S&P 500 sectors ended in green, with real estate and health care up 0.64 percent and 0.6 percent, respectively, outpacing the rest. Energy slipped 0.63 percent, the worst-performing group.

U.S.-listed Chinese companies traded lower with all the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

The above market reactions came as the COVID-19 infections continue to spike in the United States, fueled by soaring cases of the Omicron variant.

The country’s 7-day average daily increase of cases reached more than 277,000, a 215-percent spike from a month ago, according to latest data from the U.S. Centers for Disease Control and Prevention.