(CNBC) Stocks tumbled Tuesday, reversing Monday’s rebound on Wall Street, as investors reassessed risks associated with the new Covid variant, omicron. Major averages dropped to their session lows after Federal Reserve Chairman Jerome Powell said the central bank will discuss speeding up the bond-buying taper at its December meeting.
Dow drops 650 points on growing omicron fears, Powell taper comments
This entry was posted in Syndicated. Bookmark the permalink.