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Dow, Nasdaq 100 and S&P 500 Set to Open Sharply Lower on Fresh Covid-19 Scare


US Inventory Markets – Costs and Charts

  • Wall Avenue known as 2.3% decrease, Nasdaq seen opening 1.2% within the purple
  • Worries over a brand new South African Covid-19 variant behind the sell-off.

Black Friday is taking up a brand new which means in the present day as danger markets throughout the globe droop on fears {that a} newly-identified Covid-19 variant could power nations to re-introduce new vaccination restrictions or lockdowns. Monetary markets are apprehensive that the brand new Covid-19 pressure detected in South Africa – Nu variant – could also be extra transmissible than the Delta variant, whereas present vaccines could also be much less efficient in opposition to it. The World Well being Group (WHO) who warned of the brand new variant late Thursday, has known as a particular assembly in the present day to debate the newest outbreak.

Danger markets open the European session sharply decrease, whereas conventional safe-haven belongings obtained a powerful bid, following the heavy losses seen in Asian fairness markets in a single day.

XAU/USD Forecast: Gold Costs Rebound as Covid-19 Fears Take Maintain

Crude Oil Value Plummets as New Variant Triggers Danger-Off Sentiment

South African Rand Battered as UK Restricts SA Journey Forward of the Vacation Interval

Flows into safe-haven US Treasuries compelled bond yields decrease with markets now questioning the timing and variety of curiosity hikes anticipated within the US subsequent 12 months.

Dow, Nasdaq 100 and S&P 500 Set to Open Sharply Lower on Fresh Covid-19 Scare

Yields by way of Investing.com

As of 12:00 GMT, Wall Avenue was seen opening round 830 factors decrease (-2.32%), the Nasdaq was seen 195 factors decrease (1.2%), whereas the S&P 500 is predicted to open the session 87 factors within the purple (1.83%). On the opposite aspect of the danger spectrum, the VIX concern gauge is at present buying and selling 12% increased at 23.30.

Dow Jones Each day Value Chart – November 26, 2021

Dow, Nasdaq 100 and S&P 500 Set to Open Sharply Lower on Fresh Covid-19 Scare

Nasdaq Each day Value Chart November 26, 2021

Dow, Nasdaq 100 and S&P 500 Set to Open Sharply Lower on Fresh Covid-19 Scare

S&P 500 Each day Value Chart November 26, 2021

Dow, Nasdaq 100 and S&P 500 Set to Open Sharply Lower on Fresh Covid-19 Scare

How one can Quick Promote a Inventory When Buying and selling Falling Markets

What’s your view on Equities – bullish or bearish?? You may tell us by way of the shape on the finish of this piece or you possibly can contact the writer by way of Twitter @nickcawley1.



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