Dow closes down 900 points as new Covid variant sparks market sell-off

The WHO warned that it would take a few weeks for it to understand the impact this variant could have.

“At this point, implementing travel measures is being cautioned against,” spokesperson Christian Lindmeier told a U.N. briefing in Geneva Friday,But the U.K. said late Thursday it was banning all direct flights from six African countries: South Africa, Botswana, Lesotho, Eswatini, Zimbabwe and Namibia.Thursday that it had detected two cases, while Belgium became the first E.U. country to announce a case of the variant on Friday.

“When I read that there’s one [case] in Belgium and one in Botswana, we’re going to wake up next week and find one in this country. And I’m not going to recommend anyone buy anything today until we’re sure that isn’t going to happen, and I can’t be sure that it won’t,” CNBC’s Jim Cramer said.on Friday that the sell-off could be a buying opportunity.

“Friday is the day after Thanksgiving, probably not as many traders on the desks with an early close today. So potentially lower liquidity is causing some of the pullback,” Ajene Oden of BNY Mellon Investor Solutions said on CNBC’s “

NASA

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

Oh please! Omg ! All hands on deck! Panic! Get your bread and milk! We call it the corporations protecting thier profits and the stockholders!

This could be a great time to buy !

A tiny and invisible virus is shaking the whole world like no one else! The mighty god also might shake before it!

Dropped 900 points. DOW closed 34,899. So, 🤷

The government can try and make up whatever new variant they want to but most of us are all DONE worrying about Covid anymore!

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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.
Источник: NBCNewsHealth - 🏆 707. / 51 Прочитайте больше »

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.
Источник: AP - 🏆 728. / 51 Прочитайте больше »

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 !!
Источник: ABC - 🏆 471. / 51 Прочитайте больше »