U.S. stock futures slumped Friday, with global markets rattled by a new coronavirus variant discovered in South Africa, which fanned concerns that new growth-crushing lockdowns could be imposed.
Trading volumes were low due to the Thanksgiving holiday in the U.S., which could be could contributing to the volatility. However, major benchmarks indicated a rough opening on Wall Street’s abbreviated post-Thanksgiving session. Dow futures contracts (YM=F) plunged 800 points, or 2.5%, while…
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