Media and entertainment stocks sank Monday as the market shrugged off both a long awaited stimulus package that included $15 billion for arts and culture and the global march of vaccinations, focusing instead, and again, on virus fears after health officials in Britain revealed a new strain of the coronavirus said to be 70% more transmittable.That triggered lockdown orders in London and travel restrictions across Europe, threatening commerce and trade.
Stocks plunged in Asia overnight and then in Europe, segueing to losses Stateside where the DJIA was down 140 points, or 0.46% — off its lows — and the S&P 500 and Nasdaq, had fallen respectively by 1.08% and 0.95% midday.The fate of that elusive, desperately needed aid package had kept
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