Dow Jones drops over 900 points on fears over new Covid variant

US stock indices fell slumped in early trading today on Friday, amid anxiety over about the new coronavirus variant.

Concerns increased around the world after a new Covid-19 variant emerged called "Botswana", as it first appeared in the African country.

Scientists said that the new variant has 32 mutations in the spike protein.

Accordingly, this would help it escape more easily from the human immune system and spread quickly.

As for stocks, Dow Jones fell 2.5% or 920 points to 34,915 as of 15:04 GMT, and S&P 500 fell 1.8% or 85 points to 4,617, while Nasdaq fell 1.4% or 230 points to 15,617 points.