Financial stocks led recovery effort 21-Dec-20 16:20 ET Dow +37.40 at 30216.39, Nasdaq -13.12 at 12742.43, S&P -14.49 at 3694.93 [BRIEFING.COM] The S&P 500 declined as much as 2.0% on Monday, as concerns surrounding a new strain of coronavirus primarily in the UK overshadowed a $900 billion stimulus agreement. Investors, however, steadily bought the intraday dip to leave the benchmark index down by 0.4% for the session. The Nasdaq Composite (-0.1%) almost completed the comeback after being down 1.8%, while the Dow Jones Industrial Average (+0.1%) and Russell 2000 (+0.02%) eked out gains. The new variant of the coronavirus reportedly spreads 70% faster than other variants and was previously flagged as an issue, but the market was initially unsettled to see the UK impose a new lockdown in London and other countries restrict inbound travel from the UK. The way the market regathered, though, suggested that this new v...