US stocks fall after recording the first death in the Omicron...


US stocks fall after recording the first death in the Omicron mutant

Omicron

US stock indices fell in early trading on Monday, following the escalation of concerns about the “Omicron” parameter, and ahead of the Federal Reserve meeting.

And the health authorities in the United Kingdom announced the death of the first case of the “Omicron” mutant in the world, which raises concerns about its spread and resistance to vaccines.

This, and tomorrow the Federal Reserve will start meeting to discuss monetary policy in light of the rise in the inflation rate to its highest level in nearly four decades.

Last week, economic data showed that the consumer price inflation index in the United States rose to 6.8% during November, the highest level since 1982.

In terms of trading, the “Dow Jones” industrial index fell at exactly 5:59 pm Mecca Al-Mukarramah time by 0.8% to 35,726 points, and the broader “S&P 500” decreased by 0.4% to 4,691 points, while “Nasdaq” declined. By 0.2% to 15,596 points.





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