Bulls Win Big in 2021, The S&P 500 Tops the Major Indices, Omicron Effect on Travel, EV Stocks Outlook for 2022, and Sen. Sanders vs. Buffett.
On the final trading day of 2021, Scott Wapner, Leslie Picker and Mike Santoli explored what has been a bullish year for the stock markets despite volatility and the pandemic: The S&P 500 up 27%, outperforming the Nasdaq and the Dow. The anchors looked at this year's biggest market drivers and the action surrounding "meme stocks" such as GameStop and AMC. Then there's the effect of the COVID-19 omicron variant on travel, with airlines canceling more than 1,300 flights on Thursday and the CDC warning against cruise ship travel despite vaccination status. Also in focus: The 2022 outlook for EV stocks after a year that saw Tesla join the $1 trillion market cap club and Rivian surpass General Motors and Ford to become the second-most valuable automaker in the U.S., the year’s biggest market losers - Peloton's big slump continues thanks to a Wall Street downgrade, plus: Sen. Bernie Sanders tweet-slams Warren Buffett for not intervening in a Berkshire Hathaway-owned company's labor strike.
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