Author - Craig Foley

Wall St slumps on new Covid-19 variant, Suncorp (ASX:SUN) rated as buy: ASX to fall

29 Nov 2021 - Major indexes around the globe tumbled on Friday after a new iteration of Covid-19, omicron discovered in South Africa, spooked investors. The fear that it may have resistance against vaccines triggered a knee jerk sell down with energy, travel, and financial stocks hard hit while defensives were bruised shedding the least. Market participants sought refuge in gold as bond yields fell.

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