Dow tumbles 900 points for worst day of year on fears of new Covid variant, S&P 500 drops 2%
Stock market news live updates: Wall Street rocked by new COVID variant fears, Dow plunges over 900 points
U.S. stock futures slumped Friday as global markets plunged, amid fears surrounding a new coronavirus variant in South Africa that could lead to new lockdowns.
Stocks tumble on new coronavirus variant fear
U.S. stocks dropped on Friday, with the Dow and S&P 500 suffering their biggest one-day percentage drops in months, and pandemic-hit sectors that have benefited from a reopening falling sharply after a new and potentially vaccine-resistant coronavirus mutation was found.
Stocks sink on new COVID variant; Dow loses 905 points
Stocks are closing sharply lower 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.
U.S. stocks sink on new COVID variant; Dow loses 905 points
The index was dragged lower by everything from banks, travel companies and energy companies as investors tried to reposition to protect themselves financially from the new variant.
Travel Restricted From Southern Africa, Dow Drops 905 Points Over New COVID Variant Concerns
MIAMI (CBSMiami) – The Biden administration is restricting travel from eight countries in southern Africa over concerns about a new COVID-19 variant circulating in the region, according to senior administration officials. The restrictions on travel from South Africa, Botswana, Zimbabwe, Namibia, Lesotho, Eswatini, Mozambique and Malawi begin Monday.The restrictions don’t apply to American citizens or lawful permanent residents although those ind…
Stocks sink, with the Dow briefly down 1,000 points, as a new COVID variant raises fears of more economic disruption
Investors were uncertain whether the new Omicron variant could potentially reverse months of progress at getting the COVID-19 pandemic under control.