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12.05 pm: Dow sheds more than 300 points US stocks were lower in noon trading as investors nervously await the Federal Reserve policy decision on Wednesday while also assessing the economic impact of the Omicron variant. At midday, the Dow fell 320 points to 35,651, while the S&P 500 eased 36 points at 4,676 and the tech-heavy Nasdaq slipped 206 points to 15,424.
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