ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Markets

Dow closes down 430 points on omicron fears

Biden spending plan setbacks discourage investors

U.S. stocks fell as investors grew concerned about the omicron variant's impact on the economy.    © Reuters

NEW YORK -- U.S. stocks retreated significantly Monday, with the Dow Jones Industrial Average closing down over 430 points as the market grew jittery over the spread of the omicron coronavirus variant. 

The Dow ended trading with losses of about 1.2%, or 433 points. The decline was the index’s third straight and followed a 1.5% drop on Friday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more