U.S. stocks were slightly higher Wednesday as investors continued to bet the impact of the omicron variant of Covid-19 would not be as threatening as many previously thought.
The Dow Jones Industrial Average reversed higher near the end of the trading day, adding 35.32 points, or 0.1%, to reach 35,754.75. The S&P 500 inched 0.3% higher to 4,701.21 and sat 0.9% from its record. The tech-heavy Nasdaq Composite rose 0.6% to 15,786.99.
Shares of Meta Platforms climbed 2.4% after the company gave its employees the option to delay their return to the office, currently scheduled for the end of January, by three to five months.
Apple shares are also higher by 2.2% after UBS maintained its buy rating on the stock despite recent concerns about demand for the iPhone 13.
Shares of Stitch Fix tumbled 23.9% after issuing disappointing current-quarter revenue guidance and membership metrics.
After a choppy trading session, the pan-European Stoxx 600 provisionally closed down by 0.6% Wednesday, with retail stocks falling 1.9% to lead the losses.
German meal kit delivery company Hellofresh fell almost 11% after missing earnings expectations.
Source: CNBC, Investing.com