“Investors are going to have to get used to the idea that this is not going to be the last variant,” said Liz Young, chief investment strategist at SoFi. The Omicron variant is starting to weigh on travel: ‘Two steps forward and one step back’Īs more countries detect cases of the Omicron variant, conferences and business gatherings are being canceled. Markets were already headed lower Wednesday afternoon when the White House announced that the first case of the Omicron variant had been found in the U.S., in a person who recently had returned from South Africa. The wild movements are partly the result of investors struggling to handicap how much damage the newest coronavirus variant will do to the economy. Both indexes had been solidly higher until the market’s afternoon swoon. The Dow Jones industrial average ended with a 1.3% loss, while the Nasdaq composite fell 1.8%. The afternoon reversal is the latest dizzying move for Wall Street’s benchmark, which sank 2.3% on Friday for its worst loss since February, only to then rise 1.3% on Monday and then fall 1.9% on Tuesday.
economy, but the gains gradually gave way to a 1.2% skid. The Standard & Poor’s 500 index had been up 1.9% in the early going after some better-than-expected readings on the U.S.
2, 2021.Another roller-coaster ride on Wall Street whipsawed investors Wednesday as an early market rally reversed course by midafternoon, piling up more losses for stocks. Walensky says since the start of the pandemic roughly 2 million kids 5 to 11 have been infected with COVID-19, leading to 66 deaths between Oct. While the White House is rolling out controversial vaccine mandates for adults, there are currently no mandates for kids. (and) the virus that causes chicken pox.” “The CDC currently recommends vaccinating children against hepatitis A …. “Children 5 to 11 years old should be vaccinated,” Walensky said. She says the data shows many vaccines are safe for children. Ted Cruz, R-Texas, tweeted back, accusing Big Bird of pushing “government propaganda.”Ĭenters for Disease Control and Prevention Director Rochelle Walensky tweeted praised to Big Bird.
The character Big Bird landed in hot water with some conservatives Saturday after he tweeted he got his shot. One of those places is Sesame Street, but not everyone is welcoming the push. “We’re helping states meet parents and kids where they are,” Zients said. currently has enough supply to vaccinate all eligible kids and says they’re working with trusted pediatricians and school-based clinics to get the word out.
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“This is the very beginning of the program, the program is just getting up to full strength.” “Our goal clearly is to vaccinate as many kids as possible,” said Jeff Zients, the White House COVID-19 Response Team coordinator. In less than a week, roughly 900,000 kids between the ages of 5 and 11 got their first shots. But their campaign is getting some pushback after one Sesame Street character announced he got his shot. WASHINGTON (NEXSTAR) - The White House is working to get more kids vaccinated now that the Food and Drug Administration has approved vaccinations for children between the ages of 5 and 11.