Thursday, July 29, 2021
No menu items!

Wall Street drops 1% as virus surge fans recovery fears

Wall Street’s main indexes fell sharply at the open on Monday (July 19), with economy-linked value and travel stocks taking a hit after a spike in global COVID-19 cases raised fresh concerns about slowing economic growth.

At 09:31 am, the Dow Jones Industrial Average fell 463.52 points, or 1.34%, to 34,224.33, the S&P 500 lost 50.24 points, or 1.16%, to 4,276.92 and the Nasdaq Composite lost 163.29 points, or 1.13%, to 14,263.95.

(Production: Aleksandra Michalska)


Please enter your comment!
Please enter your name here

Latest News

Dusty Hill, bassist for ZZ Top, dies aged 72

Dusty Hill, the bassist for rock group ZZ Top, has died, according to a statement by his...

Biles’ openness can help end stigma around mental health – psychologist

The decision by American gymnast Simone Biles to prioritise her wellbeing at the Tokyo Olympics will go a long way in helping...

Search underway for suspects after ATM robbery on SH6

HARRIS COUNTY – Authorities are looking for the suspects involved in ATM robbery at a Chase Bank on State Highway 6.

Man taken into custody after SWAT standoff, no hostages found

HOUSTON – A man has been taken into custody after a standoff with the SWAT team in northeast Houston Tuesday night.

2 dead, several hospitalized after chemical leak at LyondellBasell plant

HOUSTON – At least two people have died and several others have been hospitalized after a chemical leak at the LyondellBasell Industries...

More Articles Like This