Your browser is: WebKit 537.36. This browser is out of date so some features on this site might break. Try a different browser or update this browser. Learn more.

Stocks Sink With Oil on Virus Woes; Havens Rally: Markets Wrap

  • S&P 500 tumbles most since February; oil drops below $70
  • New virus variant sparks travel curbs, fears of economic shock

Error:

Could not download required scripts. Please update your browser or turn off ad blocker to continue to watch.

Markets Had Covid in Rearview Mirror, Strategist Riley Says
Lock
This article is for subscribers only.

U.S. stocks slid in a selloff across global markets amid growing fears a new coronavirus variant identified in South Africa could spark fresh outbreaks and scuttle a fragile economic recovery. Haven assets surged.

It’s the worst post-Thanksgiving performance for the S&P 500 since 1941, when President Franklin D. Roosevelt signed a bill to officially establish the fourth Thursday in November as a national holiday.