BREAKING: U.S. stock markets close more than 900 points down, tumbling amid concerns over new Covid variant.
The WHO warned that it would take a few weeks for it to understand the impact this variant could have.
“At this point, implementing travel measures is being cautioned against,” spokesperson Christian Lindmeier told a U.N. briefing in Geneva Friday,But the U.K. said late Thursday it was banning all direct flights from six African countries: South Africa, Botswana, Lesotho, Eswatini, Zimbabwe and Namibia.Thursday that it had detected two cases, while Belgium became the first E.U. country to announce a case of the variant on Friday.
“When I read that there’s one [case] in Belgium and one in Botswana, we’re going to wake up next week and find one in this country. And I’m not going to recommend anyone buy anything today until we’re sure that isn’t going to happen, and I can’t be sure that it won’t,” CNBC’s Jim Cramer said.on Friday that the sell-off could be a buying opportunity.
“Friday is the day after Thanksgiving, probably not as many traders on the desks with an early close today. So potentially lower liquidity is causing some of the pullback,” Ajene Oden of BNY Mellon Investor Solutions said on CNBC’s “
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