US equity futures sink on covid variant concerns


content provided with permission by FXStreetRead full post at forexlive.com

 Nu variant, nu worries

The new covid variant will be called ‘nu’ if it’s deemed a ‘variant of concern’ by the WHO at tomorrow’s special meeting or a later meeting.

For now though, traders are playing it safe. I think that sentiment is magnified because we’re heading for a weekend and there’s a chance the variant news is much worse by the time markets reopen on Monday.

S&P 500 futures are down 39 points.

 Nu variant, nu worries

Dow futures are lower by nearly 400 points and NQ futures are 60 points lower.

Invest in yourself. See our forex education hub.