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US Stocks Suffer on Black Friday As Markets React to Travel Bans with South Africa and Other African Countries

By Joe Hoft
Published November 26, 2021 at 6:00pm
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The US Markets took a huge hit on Black Friday as the world reacts to news of a new type of COVID coming out of Africa.

Market Watch reports:

Wall Street stocks skidded sharply lower on Black Friday as investors reacted to fresh travel bans resulting from the discovery in South Africa of a new variant of the coronavirus that causes COVID-19.

The Dow Jones Industrial Average DJIA, -2.53%, the S&P 500 index SPX, -2.27% and the Nasdaq Composite COMP, -2.23% were all down by at least 2% for the day, the major U.S. shopping day known as Black Friday on which retailers are traditionally perceived to enter the black for the year.

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Looking beneath the hood, the damage was widespread.

We reported earlier today on the NU Covid court of Africa:

New COVID Virus Variant Identified in Africa Is “Highly Transmissible and Vaccine-Resistant”

Biden put in place a travel ban from Africa today.

Joe Biden Bans Travel From South Africa, 7 Other African Nations Due to New “Highly Transmissible” Covid Variant

The uncertainty of this Omicron variant is causing more fear and panic and it shows in the markets today.

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Joe Hoft
Joe Hoft is the twin brother of TGP's founder, Jim Hoft, and a contributing editor at TGP. Joe was instrumental in reporting the truth behind the Mueller sham, the origins of COVID-19, and the 2020 Election fraud. Joe was a corporate executive in Hong Kong for a decade and has years of experience in finance, IT, operations, and auditing around the world. Joe is the author of five books. His new bestseller, "The Steal: Volume II - The Impossible Occurs" is out now. It addresses the stolen 2020 Election and provides an inventory proving that the 2020 Election was uncertifiable and never should have been certified for Joe Biden. Joe also has a weekly radio podcast at TNTRadio.live where he discusses current events with prominent guests.







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