Dow suffers worst Black Friday selloff since 1931

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…


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