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Stock market live updates: Dow falls 300, new S&P member Tesla drops, new Covid strain 'out of control'

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Correction: Stock market live updates: Futures drop, new U.K. Covid strain, stimulus deal finally reached

U.S. equities opened lower on Monday amid investor fear about a new viral Covid strain in the U.K. Investor fears about Europe offset excitement about lawmakers reaching an agreement on a $900 billion relief package.

Tesla joins the S&P 500 on Monday.
 

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