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Dow industrials rally surge on Monday puts blue-chip, stock-market index on track for best day in over a year

·1 min read
Dow industrials rally surge on Monday puts blue-chip, stock-market index on track for best day in over a year
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  • ^DJI

The Dow Jones Industrial Average on Monday afternoon was on track for its best point and percentage gain in more than a year, as investors bought a recent dip in stocks that has been at least partly precipitated by fears of the COVID omicron variant and worries about Federal Reserve policy. Monday's gains saw the Dow rise 2.1%, or 713 points, which would mark the sharpest percentage gain for the 30-stock index since Nov. 9, 2020 when it gained 834 points, or 2.95%, FactSet data show. The session