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Stocks Hit Hard By New Covid Variant Fears

EQUITIES
  • Japan's NIKKEI down 747.66 pts or at 28751.62 and the TOPIX down 40.71 pts or at 1984.98. China's SHANGHAI closed down 20.09 pts or -0.56% at 3564.089 and the HANG SENG ended 659.64 pts lower or -2.67% at 24080.52
  • European equities are lower, with the German Dax down 441.43 pts or -2.77% at 15464.46, FTSE 100 down 213.56 pts or -2.92% at 7091.03, CAC 40 down 269.56 pts or -3.81% at 6802.54 and Euro Stoxx 50 down 135.3 pts or -3.15% at 4154.79.
  • U.S. futures are lower (tech is outperforming, mirroring the pattern seen at recent points of pandemic concerns) with the Dow Jones mini down 789 pts or -2.21% at 34960, S&P 500 mini down 86 pts or -1.83% at 4613, NASDAQ mini down 206 pts or -1.26% at 16160.

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