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No omicron lockdowns, but Biden says everyone needs booster

Stock market responds positively to president's assurance

U.S. President Joe Biden addresses the omicron variant alongside Dr. Anthony Fauci on Nov. 29 in Washington.    © Reuters

NEW YORK -- Omicron is "a cause for concern, not a cause for panic," U.S. President Joe Biden said Monday in an address on the new coronavirus variant first reported from Africa that led countries around the world to step up restrictions.

It will take about two weeks for more definitive information to become available, chief medical adviser Dr. Anthony Fauci said in a White House readout of his meeting with the president the day before. Biden insisted Monday that the administration's strategy for fighting COVID-19 this winter will rely not on new shutdowns or lockdowns, but rather increased vaccination, including booster shots, and more widespread testing.

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