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Wall Street ends sharply lower as Delta variant sparks new lockdown fears

Wall Street ends sharply lower as Delta variant sparks new lockdown fears By Stephen Culp Reuters NEW YORK (Reuters) - A surge in Delta variant infections sparked a broad sell-off on Wall Street on Monday as investors feared renewed COVID-19 shutdowns and a protracted economic recovery. All three major U.S. stock indexes ended the session sharply lower, with the S&P and the Nasdaq suffering their largest one-day percentage drop since mid-May. The blue-chip Dow had its worst day in nearly ni...
United States Cynthia Osterman Paul Nolte Stephen Culp Devik Jain United Airlines

STOCK MARKET SNAPSHOT FOR 20/07/2021 | Hellenic Shipping News Worldwide

STOCK MARKET SNAPSHOT FOR 20/07/2021 NASDAQ-Adv: 1,257 Dec: 3,188 NYSE-Adv: 693 Dec: 3,611(Source: Nasdaq) The Dow and the S&P 500 indexes sank more than 2% on Monday as investors sold off economically sensitive shares and travel stocks and sought the perceived safety of bonds on fears that a spike in COVID-19 cases would derail a broader economic recovery. New infections surged in parts of Asia and England, while U.S. COVID-19 cases soared 70% last week, fueled by the Delta variant. All 11 S&P...
United States New Jersey Andre Bakhos Shounak Dasgupta Max Gokhman Devik Jain

Wall Street ends down as Delta variant drives fears

Article content Data from the Commerce Department showed retail sales rebounded 0.6% last month as spending is shifting back to services, bolstering expectations that economic growth accelerated in the second quarter. The Dow Jones Industrial Average fell 0.86% to end at 34,687.85 points, while the S&P 500 lost 0.75% to 4,327.16. The Nasdaq Composite dropped 0.8% to 14,427.24. For the week, the S&P 500 fell about 1%, the Dow lost 0.5% and the Nasdaq shed 1.9%, their fist weekly declines in four...
United States New Jersey New Vernon Jerome Powell David Gregorio Shreyashi Sanyal

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