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