The Dow made a 983 point U-turn, a sharp drop after the US Omicron incident was first reported.

Date:

Stocks have wiped out the initial rise and fell sharply on Wednesday after the first confirmed US case of COVID-19 caused by a variant of Omicron. Found in California..Dow Jones Industrial Average
DJIA,
-1.34%

According to breaking news, it fell by about 462 points (1.3%) and closed near 34,022. This was down more than 980 points from the daytime high of 35,004.64 for good stocks. S & P 500
SPX,
-1.18%

It was about 54 points lower, down 1.2% and finished near 4,513.Nasdaq Composite Index
COMP,
-1.83%

It ended at near 15,254, down about 284 points, or 1.8%. President Joe Biden’s chief medical adviser, Dr. Anthony Fauci, told reporters Wednesday afternoon that the California and San Francisco Public Health Departments and Disease Control Centers said, “Recent COVID-19 cases in California individuals A variant of Omicron. “

The Dow made a 983 point U-turn, a sharp drop after the US Omicron incident was first reported.

Source link The Dow made a 983 point U-turn, a sharp drop after the US Omicron incident was first reported.

The post The Dow made a 983 point U-turn, a sharp drop after the US Omicron incident was first reported. appeared first on Eminetra.

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