US: Stocks fall again as Omicron case derails rally

[NEW YORK] Wall Street stocks finished with steep losses for a second straight session on Wednesday, tumbling after US authorities announced the first confirmed case of the Covid-19 Omicron variant in the country.

The Dow Jones Industrial Average dropped 1.3 per cent to end at 34,022.07, down around 460 points following a loss of about 650 points in the prior session.

The broad-based S&P 500 shed 1.2 per cent to close at 4,513.01, while the tech-rich Nasdaq Composite Index fell 1.8 per cent to 15,254.05.

AFP