Stock Market Today: Stocks' Gains Erased as Omicron Reveals Itself in U.S.
Some solid economic data sent stocks higher at the open, but the bounce lost steam as investors continued to fret over the omicron variant of COVID-19.
ADP this morning reported November private payrolls rose by 534,000 – led by an increase in leisure and hospitality hirings (+136,000) – exceeding expectations for 525,000 jobs added.
Additionally, the Institute for Supply Management's (ISM) manufacturing purchasing managers index (PMI) improved to 61.1 in
