Omicron and the Fed might finally kill this bull market

So much for a year-end Santa Claus rally? The broader market has pulled back in the past week as worries about the Omicron variant of Covid-19 have rattled investors' confidence.

News: What you need to know about the markets     Omicron and the Fed might finally kill this bull market So much for a year-end Santa Claus rally? The broader market has pulled back in the past week as worries about the Omicron variant of Covid-19 have rattled investors' confidence. Read more »   Dow sinks on worries about Omicron Read more »   Kiss those juicy post-holiday clearance sales goodbye If you're the kind of shopper who holds out for the bigger and better year-end deals after Christmas, you could be out of luck this season. Come January, those ridiculously-deep clearance sales might be much harder to find. Read more »   Travel is back, but Omicron could change everything Just when US airlines thought they were on the verge of profitability again, along came the Omicron variant to put those hopes in doubt. Read more »   Jerome Powell: The Fed may wind down its stimulus sooner than expected The Federal Reserve might end its pandemic-era stimulus sooner than expected, Chairman Jerome Powell told the Senate Banking Committee on Tuesday. Read more »   Amazon, Walmart and the world's biggest retailers are making port congestion and pollution worse, new report finds The supply chain is facing major blockages, and container ships are heaping pollution into communities near the congested ports. Read more »

Dow Nasdaq S&P -461.68   -283.64   -53.96 34,022.04   15,254.05   4,513.04 -1.34%   -1.83%   -1.18% YTD +11.16%   YTD +18.36%   YTD +20.15%

Biggest Winners NVR Inc +3.43%   Lennar Corp +3.35%   HP Inc +3.34%   Western Union Co +2.59% Biggest Losers Salesforce.Com Inc -11.74%   Norwegian Cruise Line Holdings Ltd -8.82%   Royal Caribbean Cruises Ltd -7.95%   ServiceNow Inc -7.43%

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Key Market Stats Latest Today's Change Oil $65.66 -0.52 / -0.79% Gold $1,784.70 +8.20 / +0.46% 10-yr 1.43% -0.01 Euro $1.13 -0.00 / -0.10%

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