Stocks sink on new COVID variant; Dow loses 950 points

Stocks sink on new COVID variant; Dow loses 950 points

By KEN SWEET and PAUL WISEMAN
NEW YORK (AP) — Stocks fell sharply Friday, with the Dow Jones Industrial Average briefly falling more than 1,000 points, as a new coronavirus variant first detected in South Africa appeared to be spreading across the globe. It added to investor uncertainty about potentially reversing months of progress at getting the COVID-19 pandemic under control.
The S&P 500 was…

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