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Stocks rebound after three-day rout due to omicron fears, Dow rises 300 points

Stocks rebound after three-day rout due to omicron fears, Dow rises 300 points The major averages rebounded on Tuesday following three days of losses amid fears about the fast-spreading Covid omicron variant.

ADP: Payrolls Increased by 534,000 in November as Job Market Recovery Continues The gains were led by large employers and the services sector.

General Electric to Split Into 3 Public Companies

General Electric to Split Into 3 Public Companies General Electric, the storied American manufacturer that struggled under its own weight after growing to become a sprawling conglomerate, will divide itself into three public companies focused on aviation, healthcare and energy.