US retail stocks slide on Black Friday as new coronavirus worries arise | Malay Mail

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NEW YORK, Nov 26 — Shares of US department-store operators slid today as the detection of a new coronavirus variant possibly resistant to existing vaccines compounded woes stemming from low in-store visits and thin holiday season inventories. Retailers have turned Black Friday, which kicks off...

NEW YORK, Nov 26 — Shares of US department-store operators slid today as the detection of a new coronavirus variant possibly resistant to existing vaccines compounded woes stemming from low in-store visits and thin holiday season inventories.

Little is known of the variant, detected in South Africa, Botswana and Hong Kong, but scientists say it has an unusual combination of mutations, may be able to evade immune responses and could be more transmissible.

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