US Stock market down by 500 pts amid new COVID strain discovery Omicron in South Africa

Nearly two days after scientists of South Africa identified a new version of the Coronavirus called B.1.1529, Omicron, the stocks sank drastically on Friday. The Standard and Poor (S&P) 500 index dropped 106.84 points, or 2.3%, to close at 4,594.62. Citing…

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