Stocks are up 100% since the last dramatic selloff. Here comes the Delta variant - News Summed Up

Stocks are up 100% since the last dramatic selloff. Here comes the Delta variant


New York (CNN Business) US stocks hit record highs Monday, surging 100% from the lows they hit at the start of the pandemic. A widely anticipated retail sales report showed the Delta variant is putting a damper on American consumer spending. That dragged an already lackluster market further into the red as the opening bell rang in New York. S&P 500 SPX Dow INDU Nasdaq Composite COMP The, the broadest gauge of Wall Street, finished the day down 0.7%. Still, the market has come a long way since the dramatic selloff at the start of America's great lockdown.


Source: CNN August 17, 2021 14:06 UTC



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