Stocks, oil prices and government-bond yields slumped after South Africa raised the alarm over a, triggering concern that travel restrictions and other curbs will spoil the global economy’s recovery.
The Dow Jones Industrial Average closed about 2.5%, or 905 points, lower. That makes it the index’s worst Black Friday session on record, based on data going back to 1950.
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Stocks, oil tumble on virus variant fears, safe havens gainGlobal stocks tumbled on Friday and oil fell below $80 a barrel after news of a possibly vaccine-resistant coronavirus variant sent investors scurrying to the safety of bonds, the yen and the Swiss franc. They aren't investors. They are pirates. Greedy profiteers. Sharks. Investors would apply forward thinking and invest into countries or companies to lift them quickly out of misery. Pirating leads to global destabilisation. These 'people' should be locked up forever. another covidvariant winter.
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Fund manager says drop your crisis mindset, look at these stocks for 3- to 5-year returnsThe pandemic shortened the market's focus and medium-term recovery prospects are not being priced into many stocks, according to Carmignac's Mark Denham. Pro this is terrible news Pro They say that to us while they're all buying bunkers to survive COVID19. They want us to invest our money so they can fund underground swimming pools to ride out the disease they're doing nothing to stop. Pro That's what Jim said in 2008
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Stocks lurch lower, bonds jump as virus variant spooks investorsStocks suffered their sharpest drop in three months in Asia on Friday and oil tumbled after the detection of a new and possibly vaccine-resistant coronavirus variant sent investors scurrying toward the safety of bonds, the yen and the dollar. wow Get it straight, investors aren’t spooked, speculators are
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Stocks slip, havens rally as new COVID-19 variant spooks investorsStocks fell and headed for their largest weekly drop in nearly two months on Friday, while safe haven assets such as bonds and the yen rallied as a new virus variant added to swirling concerns about future growth and higher U.S. interest rates.
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Stocks fall as new Covid variant spooks investors – latest updatesLatest on the global Covid19 crisis: 🦠 Stocks tumble as new variant spooks investors 🇧🇷 Brazil 🇲🇽 Mexico lodge hundreds of new fatalities 🇲🇦 Morocco to suspend flights with 🇫🇷 France For more: Scientists say new Covid19 variant most significant yet found. Other updates: 🇪🇺 EU proposes banning flights from southern Africa 🇬🇧 UK suspends flights from 6 African nationS 🇦🇺 Australia investigates new variant For more:
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