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U.S. stocks slowed slightly on Monday after news of the Omicron coronavirus triggered a sell-off over the weekend, with investors holding up a long period of uncertainty over the outbreak.

The Wall Street Benchmark S&P 500 index gained 1.3%, down 2.3% lower on Friday.

Technical stocks, which were some of the biggest winners in recent years of the epidemic, also led to a win on Monday. The tech-heavy Nasdaq Composite index rose 1.9 percent, while the Nasdaq 100 of the largest exchange companies rose 2.3 percent, recovering all losses on Friday.

Researchers have warned that markets will remain volatile, however, as investors wait for more of the potential of this new type to change the course of economic growth.

Yields on the benchmark US 10-year Treasury note, which rises when prices fall, rose 0.03 percent to 1.51 percent. Friday had seen a sharp rise in prices since March 2020 when investors sought “hidden” assets.

The euro fell 0.3 percent against the dollar until $ 1.128 after EU countries imposed travel bans.

Vix, which is expected to be a steady stream of the S&P 500, dropped from its highest level since March but remained slightly higher at reading 23. The long-term average is around 20.

Read more about day market moves.