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The Stock Market's Black Friday Plunge

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Kathy Jones-Price unravels Black Friday’s stock market activity and looks at the anticipated economic disruption from a new COVID variant.

Wall Street reacted to the new coronavirus strain with a selloff that saw the Nasdaq lose 2.2%, the S&P 500-stock index dropped 2.3%, and the Dow Jones Industrial Average dropped 900 points - the most in a day since October 28, 2020.

Here to help us understand how and why the financial markets reacted to the news of a new variant is Kathy Jones-Price, with KJP Wealth Management.

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Roger is a retired partner in the international law firm of Latham & Watkins. He is the co-founder and Chairman of Buildable Hours, a non-profit group that organizes law firms to build homes with Habitat for Humanity in several cities around the country. He and his wife Rana Tahtinen enjoy skiing and many of the other recreational activities offered by Park City. He is passionate about KPCW and its important role in our community.