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    Stock Market Today: Tech Takes the Reins as Stocks Soar Again

    by Karee Venema Dec 07, 2021 1 minute

    Stocks saw a second straight day of sharp gains as Wall Street continued to bet that the omicron variant of COVID-19 will be less disruptive than investors initially feared.

    While today's rally was broad-based, growth-oriented sectors like energy (+2.3%) and consumer discretionary (+2.3%) saw some of the biggest gains.

    However, (+3.5%) led the way, with semiconductor stocks (, +8.0%) and (, +6.5%) among two of the day's biggest advancers. CFRA Research analyst Sam Stovall thinks tech's surge has legs, and lifted his outlook on the sector to Overweight (Buy).

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