Stocks fell sharply Monday, tracking declines in European and Asian equities as concerns mounted over a new infectious strain of the coronavirus identified in the UK.
The Dow shed more than 200 points, or 0.8%, while the S&P 500 dropped about 1% around market open. Stocks poised to benefit from an economic reopening – including airlines, cruise lines and lodging firms – fell Monday morning, unwinding some of the gains made over the past month amid rising vaccine optimism. The CBOE…
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