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Stock impact report

Dow drops 900 points, TSX almost 500 on fears of new COVID-19 variant out of southern Africa [Toronto Globe and Mail (Ontario, Canada)]

Suncor Energy Inc. (SU) 
Last suncor energy inc. earnings: 2/5 07:15 pm Check Earnings Report
US:NYSE Investor Relations: suncor.com/investor-centre
The emergence of what could be a powerful new variant of the novel coronavirus has rattled financial markets around the world, with fears of losing hard-fought gains in the fight against the pandemic taking hold. Following cues from sharp selloffs earlier in the day in Asia and Europe, North American stock benchmarks headed downward Friday. The Toronto Stock Exchange’s S&P/TSX Composite Index closed down 487.28 points, or 2.25 per cent, at 21,125.90. The Dow Jones Industrial Average lost 2.53 per cent, falling to 34,899.34 in its largest percentage drop in more than a year. The S&P 500 lost 2.27 per cent, its worst one-day drop since Feb. 25, and the Nasdaq Composite dropped 2.23 per cent, its biggest one-day rout in two months. U.S. markets closed early Friday after being closed on Thursday for the Thanksgiving holiday. Amid a surge in COVID-19 cases throughout Europe, a number of countries have banned flights from southern Africa, where a variant of concern that the World Health Org Show less Read more
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