Shoppers typically bear the brunt of Black Friday frenzy while clamoring over discounted holiday merchandise, but concerns over the new COVID variant gave investors and traders a dollop of holiday volatility Friday.
The Dow Jones Industrial Index (^DJI) settled down 905 points (2.53%) in its worst post-Thanksgiving Day performance since 1931. The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC), meanwhile, turned in their worst-ever returns post-Turkey Day.
Interactive Brokers Chief Strategist…
Source link