DIDI - Wall Street Breakfast: Friday Turns Black

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Friday turns black Today's shortened trading day was supposed to be a calm one, given the typically low trading volumes seen on Black Friday, but fears of a new COVID-19 variant found in South Africa is shaking up sentiment. Dow futures plunged more than 800 points overnight, while contracts linked to the S&P 500 and Nasdaq fell 1.8% and 1.2%, respectively, after stocks sold off in Europe and Asia. WTI crude oil futures (CL1:COM) also tumbled nearly 7% to under $73 as the U.K. imposed fresh travel restrictions, though Zoom Video (ZM) and Peloton (PTON) took off as the news revived the stay-at-home-trade. New variant: Believed to have first emerged in Botswana, B.1.1.529 will be called as such until a Greek letter is assigned to it

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Wall Street Breakfast: Friday Turns Black