Stocks sink as omicron, rate worries rattle Wall Street

Stocks sink as omicron, rate worries rattle Wall Street

By DAMIAN J. TROISE and STAN CHOE
NEW YORK (AP) — Already unnerved by the newest coronavirus variant, Wall Street’s losses deepened on Tuesday after the head of the Federal Reserve said it will consider shutting off its support for financial markets sooner than expected.
The S&P 500 fell 1.9%, erasing its gains from a day earlier. The sell-off accelerated after Fed Chair Jerome Powell told…

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