Worries over the new strain sent European stocks plunging. The pan-European STOXX index ended 2.3% lower.MSCI's gauge of stocks across the globe declined 0.81. On Wall Street, the Dow Jones Industrial Average rose 37.4 points, or 0.12%, to 30,216.45, the S&P 500 lost 14.49 points, or 0.39%, to 3,694.92 and the Nasdaq Composite dropped 13.12 points, or 0.1%, to 12,742.52.
NEW YORK: A gauge of equities around the world fell on Monday and oil prices plunged as concerns about a new coronavirus strain in Britain overshadowed optimism over a vaccine-fueled rebound in economic growth.
U.S. stocks, however, trimmed their losses as investors also weighed the benefits of a $900 billion fiscal stimulus deal reached by Congress over the weekend. The benchmark S&P 500 ended only slightly lower after having fallen as much 2% earlier.
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