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Billionaire investor Bill Ackman says it's bullish for stocks if Omicron variant symptoms are mild

1 month ago   |   By Business Insider

Bill Ackman is a billionaire investor and hedge fund manager. Elsa/Getty Images
Billionaire investor Bill Ackman has said it's bullish for stocks if Omicron symptoms turn out to be mild.
A doctor in South Africa said the symptoms she's seen so far from the new COVID-19 variant have not been serious.
Stocks rose Monday after Friday's sharp sell-off, as investors tried to gauge the potential impact on the global economy.
Billionaire investor and hedge fund boss Bill Ackman has said it's bullish for stocks if the Omicron COVID-19 variant turns out to cause mild symptoms - but bearish for the...
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US stocks bounce back from sell-off as panic over Omicron variant eases

1 month ago   |   By Business Insider

Stocks have risen sharply over the last year, helping the Dow Jones finally break the 36,000 barrier. Xinhua News Agency/Getty Images US stocks jumped above 1% on Monday, recovering less than half of Friday's steep losses. The move higher comes as investors assess the ongoing risk of the Omicron COVID-19 variant. Pfizer and Moderna are testing the effectiveness of its vaccines against Omicron, as well as new vaccines specifically targeting the variant. US stocks gained about 1% on Monday, recovering some of the losses seen during last Friday's shortened holiday trading session. The 2%...
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