Stock Market Today: Stocks Slide On China Covid Worries, Disney Supports Dow

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By Martin Baccardax China’s accelerating Covid crisis, as well as renewed bets on a U.S. recession, have stocks moving lower to kick-off the short Thanksgiving week. U.S. equity futures slipped lower Monday, while the dollar built solid gains against its global peers, as markets took a defensive stance into the short Thanksgiving week amid renewed concerns over the pace of Covid infections in China. Schools were closed in the capital city of Beijing Monday, with residents urged to stay at home, following a spike in infections and the first Covid-related deaths in more than six months. National…

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