12/21/2020, 10:00 PM (Source: TeleTrader)
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Wall Street closes mixed after volatile session

Shares on Wall Street closed mixed on Monday following a volatile session on the back of virus-related uncertainty. Over the weekend, the United Kingdom warned that a new variant of the coronavirus appears to be up 70% more contagious than the original strain, causing concern across Europe.

News of the new virus strain managed to sideline Congress finally agreeing on a relief package following months of negotiations.

The Dow Jones rose 0.12% at the close led higher by strong gains in Goldman Sachs. The S&P 500 declined 0.39%; Occidental Petroleum was the weakest performer, sinking 5.67%. The Nasdaq 100 lost 0.38% at the end of the session; Tesla tumbled 6.49% to the bottom of the chart.

Breaking the News / JC