U.S. inventory markets opened sharply decrease Friday morning as traders grappled with the fears of a brand new Covid variant present in South Africa however now spreading to Asia and Europe. The Dow Jones Industrial Common fell by as a lot as 890 factors, or round 2.5 %, after the opening bell. The S&P 500 tumbled 1.9 % and the Nasdaq Composite slipped by 1.four %. The small-cap Russell 2000 sank three.25 %.
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