New coronavirus variant fears knock 2% off Dow futures

new coronavirus variant fears knock 2 off dow futures

Sumary of New coronavirus variant fears knock 2% off Dow futures:

  • ” The CBOE volatility index, popularly known as Wall Street’s fear gauge, jumped to its highest level since Sept 20. At 5:45 a.
  • ET, futures tracking the domestically-focused Russell 2000 small-cap index tumbled 4.4%, looking at its worst day since June 2020. Dow e-minis were down 823 points, or 2.3% and S&P 500 e-minis were down 87.5 points, or 1.86%.
  • Oil majors Exxon Mobil Corp and Chevron Corp dropped 6% and 5% respectively, as oil prices tumbled.

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