Updated Dec. 1, 2021 8:12 americium ET / Original Nov. 30, 2021 3:56 p.m. ET
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To accidental that the Omicron variant is shaking the marketplace would beryllium an understatement. But adhd that stocks are much costly than they’ve ever been—and a existent correction present wouldn’t astonishment anybody.
The S&P 500 has fallen astir 3% from its all-time precocious deed successful precocious November, conscionable earlier scientists successful South Africa reported the caller Covid-19 strain. On Friday, the marketplace had its worst time of the year. Tuesday was much ugliness—producers of vaccines and treatments predicted their remedies astir apt wouldn’t beryllium arsenic effectual against...