Original Title: The Ome Keron Case Stimulates U.S. Stocks To Tumble
US Consumer News and Business Channel reported on the 1st that on the 1st local time, the US Centers for Disease Control and Prevention stated that the first case of Omi Kiron strain infection occurred in California. Affected by this news, U.S. stocks that had rebounded that day turned down across the board.
On the 1st, the Dow Jones Index rose more than 1.4% during the intraday session, but then erased all the gains, and finally closed down 1.3%; the S&P 500 index fell 1.2%; the Nasdaq index fell 1.8%. The news of confirmed cases of Omi Keron strain in the United States hit travel stocks hard. American Airlines plummeted by nearly 8%, Delta Air Lines and United Airlines both fell more than 7%, and Norwegian Cruise Line Holdings and Carnival fell 8% and 7% respectively.
At the same time, Fed Chairman Powell’s latest statement on the 1st also plunged market confidence. Powell attended the hearing of the House Financial Services Committee and reiterated that the Fed will control inflation and consider speeding up the reduction of bond purchases. Powell also stated at the hearing that the term “temporary” should no longer be used to describe inflation, and inflationary pressures will “continue until next year.”
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