Stock futures, oil drop on concerns over new Covid-19 variant [FOX Business Network]
DiDi Global Inc. American Depositary Shares (each four representing one Class A Ordinary Share) (DIDI)
Company Research
Source: FOX Business Network
Global equity markets and U.S. stock futures fell after South Africa raised the alarm over a new, fast-spreading strain of the coronavirus , triggering concern about the potential for new travel restrictions or other curbs that could limit economic activity. With U.S. stocks set for a shortened trading session after a one-day Thanksgiving break , market participants said the global moves were likely amplified by thin trading volumes. Stock-index futures lost ground, suggesting U.S. markets could come under pressure when they reopen. S&P 500 futures dropped 1.7%, while futures tied to the Dow Jones Industrial Average lost about 2.1%. ASIAN STOCK MARKETS SINK AS TRADERS WATCH EUROPE VIRUS CASES Trader Gregory Rowe, center, and others work on the floor of the New York Stock Exchange Monday, March 16, 2020. (AP Photo/Craig Ruttle) Benchmark U.S. Treasury yields also edged lower, compared with their preholiday levels. The yield on the 10-year Treasury note dropped 0.099 percenta
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