Dow sinks more than 900 points as Delta variant fears hit Wall Street hard - News Summed Up

Dow sinks more than 900 points as Delta variant fears hit Wall Street hard


New York (CNN Business) Investors are getting spooked by the rising numbers of Covid-19 cases as the Delta variant spreads across the globe. The Dow fell more than 930 points in miid-afternoon trading Monday, a drop of 2.7%. This is shaping up to be the worst day for the Dow since a 943-point drop in late October. The Dow suffered its biggest point slide ever on March 16, 2020, dropping nearly 3,000 points — a 13% freefall. Investors feared that the Delta coronavirus variant could threaten the US economic recovery.


Source: CNN July 19, 2021 12:01 UTC



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