Dow plunges as much as 935 points as fears grow over spread of COVID-19 Delta variant

[spanone]

Thank the covidiots for their tanking of the economy.

-US stocks fell sharply to start the week as investors grow concerned about the global spike in COVID-19 cases.
-The 10-year Treasury yield fell 8.2 basis points to 1.217%.
-Cryptocurrencies, gold, and oil were all trading lower.
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US stocks fell sharply Monday as investors eye a spike in global COVID-19 cases led by the Delta variant, creating a roadblock to a full recovery of the economy.

The Dow Jones industrial average fell as much as 935 points - or 2.7% - at intraday lows, while the S&P 500 and Nasdaq Composite also sunk.

The yield on the 10-year Treasury note declined as much as 12 basis points to 1.17%, its lowest level since February. The activity reflected an acceleration in investor interest in safe-haven assets.

The rising cases, which may result in a new wave of lockdown restrictions, weighed on markets. The Delta variant is view by many experts as the most transmissible variant yet.

https://markets.businessinsider.com/news/stocks/stock-market-news-today-dow-falls-delta-variant-covid-economy-2021-7

[Fullduplexxx]

1. Mission accomplished

[Lovie777]

2. Nope . . ...

the DOW will regroup, but lives will not.

[cilla4progress]

3. I assume

this is one of their goals.

What the hell do we do with these people???!!!

[Calculating]

4. Oh that's a feature, not a bug

These lunatics are willing to risk their lives to make Biden look bad.

[Politicub]

5. What frustrates me is that people think that it should be a piece of cake to recover from the

world economy being shut down for months. We haven't emerged from the Covid pandemic, and things will never be the same.

This keeps getting lost when anything with the stock market is concerned, even when the drop is attributed to the effects of the Delta variant. The recovery will be long and bumpy. Biden knows this, which is why he is using this moment to build a society that will thrive as time moves on.

[Klaralven]

6. Dow closed down 2.09%, S&P down 1.59%, NASDAQ down 1.06%

We need to get on with rearranging the economy for a permanent strong respiratory disease control environment.

[no_hypocrisy]

7. So that's been the Long Game all the time.

Tell MAGAts not to get a vaccine, let them die in hoards, have states' economies in a free fall taking the DOW with them and then blame the failed numbers squarely on Biden.