 "Wall Street")
Gains in heavyweight technology stocks drove Wall Street indexes higher on Monday as investors rushed to take advantage of steep virus-driven losses, with Twitter up on reports that chief Jack Dorsey is expected to step down.
The S&P technology and the communication services subindexes jumped more than 1% each, indicating that investors were likely favoring pandemic-resistant technology stocks amid growing fears of the newly discovered Omicron variant.
The S&P 500 energy index jumped 3% in early trade and was the best performer among its peers, as oil prices rebounded from Friday's sell-off. A recovery in Treasury yields also pushed the banks index
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