Major stock markets pulled back Friday as worries about the Delta variant of COVID-19 and profit taking offset another round of strong corporate earnings.
A city-operated mobile pharmacy advertises the COVID-19 vaccine in New York, where the city will now pay any individual $100 to get the shotNEW YORK - Major stock markets pulled back Friday as worries about the Delta variant of Covid-19 and profit taking offset another round of mostly strong corporate earnings.
"The surging Delta variant poses the biggest downside risk to the recovery," Bob Schwartz of Oxford Economics said in a commentary. Travel-related stocks had an ugly session on worries the Delta variant will crimp activity. Major airlines such as United Airlines fell more than three percent, while cruise lines such as Carnival lost more than four percent.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sydney brings in the unarmed army to try to keep Covid-19 Delta strain at bayState health minister Brad Hazzard says ‘we are seeing more families coming in with a family member who is presenting not alive but dead’
Read more »
MARKET WRAP: JSE weakened by miners amid Delta concernsNaspers and Prosus closed weaker on Friday after staging strong recoveries on Wednesday and Thursday
Read more »
MARKET WRAP: JSE weakened by miners amid Delta concernsNaspers and Prosus closed weaker on Friday after staging strong recoveries on Wednesday and Thursday
Read more »
World races to contain Delta variant, US steps up anti-virus planUS President Joe Biden offering new incentives to vaccine holdouts and Israel authorising booster shots.
Read more »
Delta variant drives virus spread to three China provincesThe new outbreak, coupled with cases seeping over the porous border with Myanmar, is threatening that record.
Read more »
Delta variant muscles its way into even the most stringent Covid Zero countriesTight border controls and tough anti-virus measures in Australia and China fail to stop the spread
Read more »