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Stocks Sink Amid Fears Of New COVID-19 Variant
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Business, Science, Social Studies
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9th - 12th Grade
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Hard
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The transcript discusses the market sell-off triggered by a new COVID variant, affecting global stocks and oil prices. Major stock exchanges in cities like London, Tokyo, and Hong Kong experienced declines. A foreign exchange expert noted that investors tend to react quickly and seek more information later, highlighting a cautious approach amid uncertainty.
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