Stock Market Today: Why Stocks, Oil and Bond Yields Plunged - Barron's

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Updated Nov. 26, 2021 2:39 pm ET / Original Nov. 26, 2021 4:09 am ET

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Stocks, oil prices, and bond yields plunged Friday as fears surrounding a new, heavily-mutated variant of Covid-19 slammed investor sentiment and ratcheted up volatility.

The Dow Jones Industrial Average had its worst day of the year, falling 905 points, or 2.5% in holiday-shortened trading. The S&P 500 ended 2.3% lower, while the Nasdaq Composite declined 2.2%. This was the worst Black Friday on record for all three indexes.


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