Stocks sink on new COVID variant; Dow loses 905 points

Stocks sink on new COVID variant; Dow loses 905 points

By KEN SWEET and PAUL WISEMAN
NEW YORK (AP) — Stocks are closing sharply lower on Wall Street Friday, after a coronavirus variant from South Africa appeared to be spreading across the globe and the European Union proposed suspending air travel from southern Africa. The Dow Jones Industrial Average lost 905 points. The S&P 500 index fell 2.3%, its worst day since February and the Nasdaq composite…

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