Stocks, Oil Prices Fall on New Covid-19 Curbs

Investors worry that measures to contain Omicron will weigh on growth and prolong high inflation

Photo: WSJ

The Dow Jones Industrial Average fell more than 600 points on Monday as investors worried that a rise in Omicron Covid-19 cases would stall economic growth and add pressure to inflation. 

The Dow was down 1.7% in morning trading, continuing its decline after a 1.5% drop on Friday. The S&P 500 slid 1.6%, while the technology-focused Nasdaq Composite shed 1.5%.

Publish : 2021-12-20 22:25:00

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