Wall Street Falls on Omicron Worries Ahead of Fed Meeting

Wall Street Falls on Omicron Worries Ahead of Fed Meeting
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, on Dec. 3, 2021. Brendan McDermid/Reuters
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U.S. stocks fell on Monday on worries about the Omicron coronavirus variant ahead of a Federal Reserve meeting later this week, while investors watched Apple close in on $3 trillion in market capitalization.

Seven of the 11 major S&P 500 sector indexes fell, with only defensive stocks including consumer staples, utilities, and real estate gaining.