Eshe Nelson and Coral Murphy Marcos
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As Omicron Worries Revive, Stocks and Oil Fall
Wall Street’s unease continued after Moderna’s chief executive said there could be a “material drop” in the effectiveness of current vaccines against the new variant.
Stocks drop as a world of worries bedevils investors.
China’s sputtering property market, soaring European natural gas prices and a potential Federal Reserve timeline for scaling back stimulus are causing jitters.