Stocks, Oil Prices Fall on New Covid-19 Curbs – The Wall Street Journal

The Dow Jones Industrial Average fell nearly 700 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 1.9% in midday trading, continuing its decline after a 1.5% drop on Friday. The S&P 500 slid 1.8%, while the technology-focused Nasdaq Composite lost 2%.

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