Wall Street closes down on concerns about Ômicron and reduction of Fed stimulus – ISTOÉ MONEY

By Devik Jain and Sinéad Carew

(Reuters) – Major Wall Street indices closed lower on Friday, with the Nasdaq leading the declines, as investors were betting a strong jobs report would not slow down the Federal Reserve’s easing of support. American) while dealing with uncertainties surrounding the Ômicron variant of the coronavirus.

According to preliminary data, the S&P 500 lost 0.85% to 4,538.39 points, while the Nasdaq Composite retreated 1.90% to 15,089.16 points, and the Dow Jones fell 0.19% to 34,575.01 points .

The Wall Street post closes lower on concerns about Ômicron and Fed stimulus reduction appeared first in ISTOÉ MONEY.

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source https://pledgetimes.com/wall-street-closes-down-on-concerns-about-omicron-and-reduction-of-fed-stimulus-istoe-money/