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A huge fire broke out at the Eni oil refinery in Livorno, Italy Tuesday. The blaze started after an explosion erupted at the plant – the cause is currently unknown and under investigation.
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Dow SLUMPS 650 points: Stock markets tumble amid growing Omicron variant fears
Major averages sunk Tuesday as investors reassessed risks associated with the new variant of Coronavirus out of South Africa. (CNBC)
The Dow shaved a whopping 652 points weighed down by loses in AmEx. The S&P 500 and the Russell 2000 each lost 1.9% in value while the Nasdaq shed 1.6% overall.
Tuesday’s sluggish results shadow Moderna’s CEO comments to the FT that she expects existing vaccines to be less effective against the new, Omicron variant.
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JUST IN – Fully vaccinated NBA player LeBron James tests positive for COVID-19. Will miss several games.
@disclosetv
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Macy’s will shutter a number of its stores throughout the United States next year. The department store chain announced plans to permanently close 10 stores in January according to CNBC.
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Rose Rambles... 