CNN Early Start With Christine Romans and Laura Jarrett December 1, 2021 10:48:00
Futures also bouncing a little bit. bouncing back from yesterday's declines. stocks were hurt by renewed omicron concerns and comments from the fed chief jerome powell. the dow tumbled 652 points. s&p down almost 2%. that makes it losses for the month for all three major averages. the dow down almost 4% in november. during his testimony tuesday, powell told lawmakers the fed no longer thought inflation was transitory, going to retire that word, and hinted that the central bank could start tapering its bond purchases earlier than expected. investors are getting a sense of the labor market when ...