Some European countries are reentering lockdowns, tightening vaccination restrictions and reintroducing mask mandates.The Dow Jones Industrial Average sank more than 900 points on Friday over concerns about the spread of the new COVID-19 variant detected in South Africa.
Anxiety among investors grew as countries ramped up responses to the variant, called B.1.1.529, first detected in Botswana. The United Kingdom and European Union quickly moved to propose travel restrictions to southern Africa, while new cases of the variant were found as far away as Hong Kong, Belgium and Israel.The Dow fell 2.53%, to 34,899, while the Nasdaq fell 2.23%, to 15,492, and the S&P tumbled 2.27% to 4,595.
Trading ends early on Black Friday, often the slowest day of the year. Fewer trades can mean increased volatility, and at one point the Dow had fallen more than 1,000 points. Global health authorities have now confirmed 87 cases -- 77 in South Africa, six in Botswana, two in Hong Kong and one each in Israel and Belgium -- and said they're expecting hundreds more diagnoses.
wwe5007
Adult Democrats and Republicans and Independents that choose not to vaccinate against the Covid may well not be around to vote next time as many will be either incapacitated or deceased by using the unvaccinated choice. And natural immunity is unknown for lasting protection
just name it Darth Vader next time, better marketing
Stop this shit !!!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow drops 900 points as new Covid variant sparks market sell-offU.S. stocks dropped sharply on Friday after WHO officials on Thursday warned of a new Covid-19 variant that’s been detected in South Africa. They need to halt all sales and investigate the investment accounts.
Source: NBCNewsHealth - 🏆 707. / 51 Read more »
Dow closes down 900 points as new Covid variant sparks market sell-offU.S. stocks dropped sharply on Friday after WHO officials on Thursday warned of a new Covid-19 variant that’s been detected in South Africa. The government can try and make up whatever new variant they want to but most of us are all DONE worrying about Covid anymore! Dropped 900 points. DOW closed 34,899. So, 🤷 This could be a great time to buy !
Source: MSNBC - 🏆 469. / 51 Read more »
Dow futures plunge 400 points amid fears of new Covid variant found in South AfricaU.S. stock futures dropped in overnight trading on Thursday amid renewed Covid fears over a new variant found in South Africa. thanks Sweeeet A new COVID variant means everyone gets MORE free money!!!!
Source: CNBC - 🏆 12. / 72 Read more »
Dow falls over 2% as new virus variant spooks investorsThe Dow dragged Wall Street's main indexes lower on Friday, with travel, bank and commodity-linked stocks bearing the brunt of a selloff triggered by the discovery of a new and possibly vaccine-resistant coronavirus variant.
Source: Reuters - 🏆 2. / 97 Read more »
Stocks sink on new COVID variant; Dow loses 1,000 pointsThe stock market's losses accelerated on Wall Street Friday, after a coronavirus variant from South Africa appeared to be spreading across the globe and the European Union proposed suspending air travel from southern Africa Tumble oil tumble! Buying oppty !!
Source: ABC - 🏆 471. / 51 Read more »
Stocks sink on new COVID variant; Dow Jones loses 890 points | AP NewsNEW YORK (AP) — Stocks fell sharply Friday as a new highly transmissible coronavirus variant from South Africa appeared to be spreading across the globe, threatening months of progress at getting the pandemic under control. This strand is going to be worse than Delta. The reactions from the medical community are a clear indicator of that. Wondering if VaccineEquity could have helped us avoid this? Just keep in mind that the market is not a reflection on the general economy, just on the wealth of the wealthy.
Source: AP - 🏆 728. / 51 Read more »