Published 2 years ago

Dow falls 500 points to start the week as omicron continues to spook markets

Summary by Ground News

Travel stocks fell the most in premarket trading. United Airlines dropped 3.4% to lead declines among major U.S. carriers. Mega-cap growth stocks extended their fall from the previous session. Tesla Inc, Apple Inc, Meta Platforms and Microsoft Corp down between 1.4 and 2.2%.

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Reuters

Wall St opens lower as Omicron's spread stokes fears of tighter curbs

Wall Street's main indexes opened lower on Monday, dragged by concerns about the impact of tighter COVID-19 curbs on the global economy, and a potentially devastating setback to President Joe Biden's investment bill.

2 years ago·United Kingdom

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CNBC

Dow futures fall 400 points on omicron fears

Investors continued to assess the impact from the pandemic and an upcoming shift in easy monetary policy.

2 years ago·United States

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Financial Post

Futures tumble on fears of tighter curbs to combat Omicron's spread

U.S. stock index futures tumbled more than 1% on Monday, dragged by concerns about the impact of tighter restrictions on the global economy, as the Omicron variant of the coronavirus spreads rapidly around the world. Read More

2 years ago·Canada

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OAN

Futures tumble on fears of tighter curbs to combat Omicron’s spread

December 20, 2021By Shreyashi Sanyal(Reuters) – U.S. stock index futures tumbled more than 1% on Monday, dragged by concerns about the impact of tighter restrictions on the global economy, as the Omicron variant of the coronavirus spreads rapidly around the world. Surging global infections from the new variant has sparked worries in financial markets, as many European nations and Britain weigh the possibility of curbs during Christmas.Travel…

2 years ago·San Diego, United States

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Business Insider

Futures Pointing To Sharply Lower Open On Wall Street

(RTTNews) - The major U.S. index futures are currently pointing to a sharply lower open on Monday, with stocks likely to add to the steep losses p...

2 years ago·United States

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MarketWatch

Dow drops more than 500 points as omicron stokes growth and inflation worries

Stocks opened sharply lower Monday, under pressure as the continued spread of the omicron variant of the coronavirus that causes COVID-19 sparked worries...

2 years ago·United States

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