Markets plunge and oil crashes as traders panic over new Covid variant
The FTSE 100 suffered its worst fall in nearly 18 months on Friday and stock markets plunged around the world owing to fears that a new variant of Covid would trigger a return to lockdowns and wreck the global recovery.
FTSE hit in global Black Friday stock market collapse
About £72 billion was wiped off the value of the FTSE 100 on Friday
More than £85bn wiped off London shares in rout sparked by new Covid strain
The FTSE 100 lost £72 billion off the value of its constituents on Friday.
Covid variant fears spook markets as FTSE plummets
Global stock indexes were trading down sharply on Friday morning
Traders cut interest rate bets as Covid fears hammer FTSE 100
Traders are scrambling to cut their bets on a Bank of England rate rise next month as fears of a new coronavirus variant rocked global stock markets.
European stocks slump with travel names hard hit as investors fret over new COVID variant
European stocks fell sharply early Friday, with heavy losses for travel stocks and energy names after a new potentially highly contagious variant of COVID was detected in South Africa. The Stoxx Europe 600 index slid 3.8% to 465, with the German DAX do...
European Stock Futures Sharply Lower; New Virus Strain Raises Lockdown Fears
European stock markets are expected to open sharply lower Friday on concerns a new Covid variant will prompt fresh mobility restrictions, hindering the region’s economic recovery. At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 2....