NewsWare‘s Trade Talk: Friday, November 26

S&P Futures are dropping as global markets plunged. There is a new COVID variant detected in South Africa that is causing weakness in the markets. Sectors being hit hard include Airlines, Banks, Commodities, Energy, & Travel. Healthcare stocks are showing gains. Global market have all dropped 2.5%, S&P are only off 1.6% indicating that the market has room to move lower. Market is scheduled to close at 1:00 p.m. today.