Stocks plunged at the start of this holiday-shortened day of trading after World Health Organization officials warned of a new variant spreading across South Africa. The U.K has already suspended flights from South Africa in hopes of containing the spread. The pandemic forced us to change...
Stocks took a hit last week after news about the emergence of a “heavily-mutated variant” discovered in South Africa triggered a sharp decline in stocks on Friday. The sell-off during the abbreviated session, amid low volume, was the worst in the past two months, leaving the Dow...
Stocks tumbled this morning as investors assessed risks associated with the Omicron variant. Reopening stocks suffered the worst losses in early trading while markets processed Fed Chairman Jerome Powell’s remarks released last night. He believes that the omicron variant poses “downside risks to employment and economic activity.” ...