Stock futures slide as omicron fears return – Fox Business

U.S. stock futures fell and investors sheltered in government bonds after drugmakers raised concerns that Covid-19 vaccines won’t work as well against the new Omicron strain.

Futures tied to the S&P 500 fell 0.9%, while blue-chip Dow Jones Industrial Average Futures shed 1.1%. Futures for the tech-heavy Nasdaq-100 weakened by 0.6%. Major indexes closed higher Monday, rebounding from a sharp selloff last week, as concerns about the variant seemed to ease.

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