Good evening.
Markets slide on Omicron worries, the winter season begins, and 21 lessons learned in 2021.
Let’s dive in.
Markets
Here are today’s market moves:
What Happened?
U.S. stocks fell on Monday after a surge in Omicron cases raised concerns about another pandemic-driven slowdown.
Thin trading volume during the holiday season may also be contributing to market volatility.
The U.S. financial markets will be closed on Friday, December 24 in observance of Christmas.
Despite its recent slide, the S&P 500 is up more than 20% this year.
The crypto market fell on Monday, with Bitcoin trading near $46,500, as digital assets fell alongside stocks.
Catch Up
Reddit plans to IPO, seeking a valuation of about $15 billion.
President Biden will deliver an update Tuesday on the fight against Covid-19 in the U.S.
Elon Musk said in a tweet that he’ll pay over $11B in taxes this year.