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December 7, 2021

Travel companies big winners in the stock market

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks rose broadly on Wall Street Monday, nearly reversing the S&P 500's losses from last week, when jitters over a new coronavirus variant roiled markets.

The benchmark index rose 1.2%. More than 85% of stocks in the index gained ground, with technology companies and banks accounting for a large slice of the gains. The rally also included airlines, cruise lines and other travel-related companies that stand to benefit from the economy staying clear of more pandemic-related restrictions.


 
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