Stocks sink on new Covid-19 variant; Dow Jones loses 900 points, airlines hammered

Stocks fell sharply on Friday as a new highly transmissible coronavirus variant from South Africa seemed to be spreading across the globe, threatening months of progress at getting the pandemic under control.Officials in Europe and Asia moved quickly to propose suspending air travel from southern Africa. Meanwhile cases of the variant were found in Hong Kong, Belgium and Tel Aviv as well as major South African cities like Johannesburg.The Dow Jones Industrial Average dropped more than 900…


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