The Covid omicron variant significantly reduces antibodies generated by Pfizer and BioNTech's vaccine, according to a small preliminary study released Tuesday.
"It's a textbook example of why panic is not a strategy, unless you're deliberately trying to lose money," CNBC's Jim Cramer said after stocks rallied Tuesday.
Small business owners are more worried about inflation and President Biden's approval rating is dropping among entrepreneurs, and not just the Republicans.
Stitch Fix cut its revenue outlook for the fiscal year, saying that it faces ongoing supply chain pressures and is in a transition period for bringing on users.
The omicron concerns were so severe that "you have this moment where people realize, 'Wow, we really got oversold. What can I get in?'" CNBC's Jim Cramer said.