dec 2 reuters  the dow and the sp 500 rebounded on thursday boosted by financial shares and boeing in a week so far marked by wild swings on rising angst about the spread of the new omicron coronavirus variant globally boeing co ban jumped 57 after chinas aviation authority issued an airworthiness directive on the 737 max that will help pave the way for the jets return to service in china read more kroger co krn surged 124 to top the sp 500 after the retailer raised its fullyear sales and profit forecasts boosted by sustained demand for groceries read more payments processors visa inc vn mastercard inc man and american express co axpn added between 41 and 49 all of the 11 major sp sectors advanced with eight of them surging more than 1 each financials spsy led the pack rising 31 today is a relief rally in markets but the virus and the feds hawkishness  are going to weigh on the market over the next couple of weeks as markets digest those said joe saluzzi comanager of trading at themis trading in chatham new jersey the trajectory into the yearend for us stocks remains choppy were up over 20 on the sp and a lot of people have nice gains so i wouldnt be surprised if they try and lock some of those in prior to yearend much remains unknown about omicron which was first detected in south africa last month and has been spotted in at least two dozen countries this uncertainty coupled with the federal reserve shifting its stance away from transitory nature of inflation has led investors scramble for bargains after every drawdown this week read more a second us omicron case was identified in minnesota on thursday read more stellar earnings reports and strong economic growth have powered wall street to a series of record highs in november with the sp 500 climbing 214 so far this year a reuters poll of equity analysts said a correction was likely in the next six months with the benchmark expected to finish at 4910 by the end of 2022 read more at 1220 pm et the dow jones industrial average dji was up 66049 points or 194 at 3468253 the sp 500 spx was up 7100 points or 157 at 458404 and the nasdaq composite ixic was up 13296 points or 087 at 1538702 still the three indexes are tracking weekly losses with the dow on pace for its fourth straight fall the cboe volatility index vix also known as wall streets fear gauge was last trading at 2730 points a day after hitting its highest level since february apple inc aaplo fell 15 after a bloomberg report about slowing demand for the companys iphone 13 read more travel and leisure stocks bounced back with the sp 1500 airlines spcomair and the sp 1500 hotels restaurant and leisure spcomhrl indexes rising 61 and 34 respectively advancing issues outnumbered decliners by a 247to1 ratio on the nyse and by a 143to1 ratio on the nasdaq the sp index recorded three new 52week highs and 12 new lows while the nasdaq recorded eight new highs and 529 new lows reporting by devik jain and anisha sircar in bengaluru editing by maju samuel