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Equities, oil prices, U.S. Treasury yields all drop on COVID variant fears

Equities, oil prices, U.S. Treasury yields all drop on COVID variant fears

Shares tumbled on Wall Street on Friday as they reopened after Thanksgiving, while European stocks saw their biggest sell-off in 17 months and oil prices plunged by $10 per barrel as fears over a new coronavirus variant sent investors scurrying to safe-haven assets.

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