Dow jumps nearly 650 points, erasing last week’s losses as investors shake off omicron worries; European stocks close higher as investors monitor omicron variant, bitcoin volatility 
Stocks rallied to start to the week Monday, with the Dow erasing its losses from the previous week, as investors shook off fears around the emerging threat of the omicron variant of Covid-19. 
Stocks linked to the reopening of the economy gained, boosting sentiment on the Dow. General Electric and Boeing each gained more than 3%. Chevron climbed 1.5% and Caterpillar added 1.7%. 
Leisure and hospitality stocks saw the biggest advances. United Airlines jumped 8.3% and American rose 7.8%. Royal Caribbean and Carnival Cruise Lines gained more than 8%. Shares of Wynn Resorts climbed 6%, while Marriott and Hilton each rose more than 4%. Travel booking stock Expedia added 6.7%, and Booking Holdings rose 5.3%. 

The pan-European Stoxx 600 provisionally ended up around 1.4%, with travel and leisure stocks jumping over 4.1% to lead gains. Almost all sectors and major bourses closed the session in positive territory. 
In terms of individual share price movement, Polish courier InPost climbed more than 9.5% after several top executives bought substantial quantities of shares. 
Source: CNBC, Investing.com