Wall Street ends down; investors eye Omicron and Fed meeting

Published by
Reuters

By Shreyashi Sanyal and Noel Randewich (Reuters) – Wall Street ended lower on Monday, with shares of Carnival Corp and several airlines tumbling as investors worried about the Omicron coronavirus variant ahead of a Federal Reserve meeting later this week. Travel-related stocks fell, with the fast-spreading variant accounting for around 40% of COVID-19 infections in London and at least one death in the United Kingdom. Norwegian Cruise Line Holdings, Carnival Corp and Royal Caribbean Cruises all slumped more than 4%, while the S&P 1500 airlines index shed about 3%. “It’s transportation, restaura…

Read More

Related posts

Elon Musk’s Twitter lifts rule against Covid misinformation

Queen Elizabeth II, Longest Reigning Monarch Of Britain, Dies Aged 96

Liz Truss could be the gear shift Britain needs