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New Covid-19 strain inflicts pain on global stocks, threatens more volatility A stock trader wipes his head as he looks at his screens during a trading session at the Frankfurt Stock Exchange (Reuters) . Updated: 21 Dec 2020, 04:04 PM IST Reuters Volatility, a measure of price swings on an asset class, swung higher across the board, with Wall Street s fear gauge the VIX rising above 25% for the first time since 11 Dec Share Via Read Full Story London: European shares fell 2% on Monday, the dollar strengthened and market volatility surged amid growing unease over the economic impact of a new coronavirus strain in Britain which has seen several European countries shut their borders to the UK.

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