Trends And Living

ASX holds the line after Omicron and J-Pow gave Wall Street the jitters

ASX holds the line after Omicron

Local stocks finished in the red on Wednesday, following a negative lead from Wall Street after the S&P500 dipped by almost 2%.

Following a sharp selloff in the morning, the ASX 200 clawed back some ground to finish 0.28% lower.

The microcap Emerging Companies index fared slightly worse, with a 0.66% fall.

Global markets went through a round of jitters on Tuesday night, as lingering fears about the latest COVID-19 variant — Omnicron — continue to cast doubts on the strength of the reopening trade.

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