Tag: Selloff

COVID-19 Variant Clobbers Markets – Weekly Update

November 29, 2021 | By Steven DiGregorio

Red Friday Investors woke up on Black Friday to reports of a mutated COVID variant, reviving fears of potential new economic restrictions. U.S. markets were not alone, as stock prices in Europe and Asia also tumbled. Friday’s market action saw declines in economic reopening stocks, such as travel and leisure, cyclicals, financials, and energy, while […] READ MORE