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The Wall Street Publication > Blog > Markets > Stocks Fall as Omicron Fuels More Volatility
Markets

Stocks Fall as Omicron Fuels More Volatility

Editorial Board Published December 1, 2021
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Stocks Fall as Omicron Fuels More Volatility
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U.S. stocks fell in a volatile trading session Wednesday, dragged down by news that the first known case of the Omicron variant was identified in the U.S.

All three major U.S. indexes finished lower in a stark turnaround from earlier in the day. Stocks rallied after the opening bell in an attempt to rebound from their post-Thanksgiving selloff. But the recovery reversed in the afternoon after reports that new Covid-19 infections nearly doubled in South Africa Wednesday and that the Covid-19 Omicron variant was identified in California.

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