Post by
ZouZS3 on Nov 26, 2021 11:41am
Here we go again
Global equities and oil prices tumbled on Friday as investors dashed out of shares in companies most exposed to the pandemic and sought shelter in havens after the discovery of a new coronavirus variant. The US S&P 500 stock index dropped 2 per cent in morning dealings, with crude benchmarks on both sides of the Atlantic off 10 per cent. The falls echoed a sell-off across European and Asian equities triggered by a surge in cases of a mutated form of the virus across parts of Africa.