Fear of new covids! Dow Jones, heavy oil fall / gold positive
Date 27 Nov 2021 time 7:00 a.m.
Dow Jones Industrial Average closed 905.04 points on fears of a new coronavirus, oil tumbled $10.24 while gold gained $1.2.
The Dow Jones Industrial Average closed at 34,899.34, down 905.04, or -2.53%, the S&P 500 closed at 4,594.62, down 106.84, or -2.27%, and the Nasdaq ended at 15,491.66, down 353.57, or so. -2.23%
The Dow Jones Industrial Average closed sharply lower on Nov. 26, with travel, banking and commodities stocks falling sharply on sell-off amid fears over reports of the coronavirus. New species in South Africa that may be resistant to vaccines
West Texas crude oil contract Intermedia or light sweets Monthly delivery was down $10.24, or 13.1%, to close at $68.15 a barrel. and fell more than 10.4% this week. Brent crude oil contract (BRENT) for delivery in Jan. It fell $9.53, or 11.59%, at $72.72 a barrel. and fell more than 8% this week. Pressured by concerns about the discovery of the COVID-19 virus New species in South Africa
Both West Texas Crude and Brent Crude The worst single-day fall since April 2020 and the market closes at its lowest level since Sept. 9.
Comex gold price for delivery in December It was up $1.2, or 0.07%, at $1,785.5/ounce. But gold futures fell 3.6 percent this week.
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