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Dow plunges more than 800 points on fears Delta variant could derail recovery | New York Post

Dow plunges more than 800 points on fears Delta variant could derail recovery | New York Post

The Dow plummeted more than 800 points on fears that the spread of the coronavirus’ Delta variant could disrupt the global economic recovery, even as investors weighed fresh concerns over inflation and oil prices.

In mid-morning trades Monday, the Dow Jones industrial average dropped 2.4 percent, or 830 points, to 33,858, while the S&P 500 and Nasdaq slumped 1.7 percent and 1.2 percent, respectively. The declines mark a sharp reversal from last week when the Dow briefly hit a new high above 35,000.

#DowJones #Finance #StockMarket

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