Stocks Fall Wednesday After News Of First COVID Omicron Variant Case

(New York, NY) — December isn’t being very kind to stocks so far. The month started off with big gains at the opening bell, but the major indexes lost all their momentum after health officials confirmed the U.S. now has a case of the new Omicron variant. It was found in California. At the closing bell, the Dow Jones Industrial Average lost 462 points to 34-022. The S&P 500 dropped 54 points to 45-13. The Nasdaq fell 284 points to 15-254