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Wall Street Journal – Market News

• American Airlines, Target, Deere: Stocks That Defined the Week
  Here are seven major companies whose stocks moved on the week’s news.
• Covid-19 Variant Upends Investor Bets on Rate Increases
  Investors piled into government bonds and quickly recalibrated their expectations for interest-rate increases in response to the new Covid-19 variant identified in South Africa.
• Stocks, Oil Drop Sharply on Concerns Over Covid Strain
  The Dow, oil prices and Treasury yields slumped after South Africa raised the alarm over a fast-spreading strain of the coronavirus, triggering concern that travel restrictions and other curbs will spoil the global economy’s recovery.
• Oil Price Slumps on Fears of New Covid-19 Restrictions
  South Africa’s warning of a new strain of coronavirus walloped the energy sector, leading to the sharpest declines in oil prices since the global economy locked down early last year to slow the spread of the virus.
• Investors Go Back to Their Early-Covid-19 Playbook: Buy Zoom and Peloton, Dump Travel
  Work-from-home companies and Clorox rose. Cruise lines slumped.