It ain’t over till it’s over. And the pandemic ain’t over yet. But while Covid ruined Black Friday for investors, all is not lost for this bull market.
A new coronavirus variant discovered in South Africa, dubbed Omicron, caused stocks to fall sharply in a holiday-shortened trading session on Friday. The S&P 500 index dropped 2.2% for the week, while the Dow Jones Industrial Average lost 2%. The Nasdaq Composite fell 3.5%.
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