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U.S. stocks are likely to fall sharply

U.S. index futures fell sharply, selling in Asia and Europe market Friday morning marks a negative start for US stocks.

Dow futures are down 2.1%, S & P futures are down 1.6% and Nasdaq futures are down about 0.8%.

The Friday session will be shortened and the market will end at 1pm ET due to Thanksgiving holidays.

In a new, perhaps vaccine-resistant detection report, the mood of the global market as a whole has become very bearish today. coronavirus A variant of South Africa.

Little is known about the mutants found in South Africa, Botswana, and Hong Kong, but scientists say new mutants may be able to evade immune responses or increase infectivity. thinking about.

According to reports, the World Health Organization will hold a “special meeting” to discuss whether highly mutated strains will be of interest or concern.

The US market remained closed on Thursday due to Thanksgiving. On Wednesday, the US key average showed a marked recovery after turning down early in the session.

The Dow settled down with a slight loss, while the Nasdaq rose 0.4% and the S & P 500 rose 0.2%.

Asian stocks fell on Friday due to virus jitter. A small number of local Covid-19 cases in eastern China reduced China’s share as Shanghai restricted tourism and neighboring cities reduced public transport services.

European strains have plummeted, and reports of newly identified, perhaps vaccine-resistant coronavirus variants raise concerns about the surge in Covid cases in Europe.

In commodities, West Texas Intermediate crude oil futures fell $ 4.98 (6.33%) to $ 73.41 a barrel.

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U.S. stocks are likely to fall sharply

Source link U.S. stocks are likely to fall sharply

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