Wall St falls as Omicron’s spread stokes fears of tighter curbs

Dec 20 (Reuters) – Wall Street’s main indexes opened lower on Monday, dragged by concerns about the impact of tighter COVID-19 curbs on the global economy, and a potentially devastating setback to President Joe Biden’s investment bill. The Dow Jones Industrial Average (.DJI) fell 143.32 points, or 0.41%, at the open to 35,222.12. The S&P 500 (.SPX) opened lower by 32.74 points, or 0.71%, at 4,587.90, while the Nasdaq Composite (.IXIC) dropped 236.68 points, or 1.56%, to 14,933.00 at the opening bell. NN: Just like in oil stocks are trading in a well worn range. We are seeing tax selling, funds locking in profits for year end and some Lockdown fears. Which is not definitive. So we stand aside and wait. A LOT of buyers are standing on the sidelines