restricting travel from the United Kingdom. That has traders worried about the possible economic consequences should it spread to other countries or prove resistant to vaccines being distributed now.
U.K. Prime Minister Boris Johnson put London and the southeast of England in a new level of restrictions after scientific advisers warned they had detected the new variant of the coronavirus.
There is no evidence that the new strain’s mutations make it more deadly, but it seems to infect more easily than others.The S&P 500 fell 1.4% to 3,694.92.
The Dow Jones Industrial Average rose 0.1% to 30,216.45. The Nasdaq composite slipped 0.1% to 12,742.52. The Russell 2000 small-cap index gained 0.1% to 1,970.33.Encouraging news out of Washington.