Wall St rises for fifth day, S&P 500 hits record high

By Medha Singh and Bansari Mayur Kamdar (Reuters) – The S&P 500 hovered around record highs on Tuesday as conviction in the U.S. economy helped investors shrug off concerns over Omicron-driven travel disruptions and store closures, and extended Wall Street’s four-day rally amid thin trading volumes. The Centers for Disease Control and Prevention (CDC) on Monday shortened the recommended isolation time for Americans with asymptomatic cases of COVID-19 to five days from the previous guidance of 10 days. The CDC’s update, along with approvals to new pills and more vaccines to fight COVID-19, have…

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