Friday, November 26

Global Markets Drop on Concerns Over New Covid-19 Variant

Global Markets Drop on Concerns Over New Covid-19 Variant
 

Source: Global Markets Drop on Concerns Over New Covid-19 Variant

Discovered on: 2021-11-26 06:10:00

Global equity markets and U.S. stock futures fell after South Africa raised the alarm over a new, fast-spreading strain of the coronavirus.

By early afternoon Friday in Hong Kong, the city’s benchmark Hang Seng Index stood 2.2% lower, while Tokyo’s Nikkei 225 had retreated 2.9%. Australia’s S&P/ASX 200 pulled back 1.7%.

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