The S&P 500 is showing its strength amid concerns over the Omicron variant of COVID-19 casting a shadow over markets, morale, and hospitals this holiday season.
Despite the uncertainties caused by this latest chapter of the pandemic, the index’s large caps are doing much better than their smaller counterparts, hedge fund veteran Nicholas Colas pointed out on Monday in the DataTrek newsletter.
The returns since Nov. 24, when the variant first was reported to the World Health Organization,…
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