LV426 (07-19-2021)
Dow sinks 700 points as Delta variant fears hit Wall Street hard
Source: CNN
New York (CNN Business)Investors are getting spooked by the rising numbers of Covid-19 cases as the Delta variant spreads across the globe.
The Dow fell 725 points shortly after the opening bell Monday, a drop of 2.1%. The S&P 500 and Nasdaq were each 1.7% lower as well.
Investors feared that the Delta coronavirus variant could threaten the US economic recovery. Shares of companies in sectors that were widely thought to benefit most from the reopening of the economy are getting hit the hardest.
Airlines American (AAL), United (UAL) and Delta (DAL) were all down more than 4%. Cruise operators Carnival (CCL), Royal Caribbean (RCL) and Norwegian (NCLH) each fell about 5%.
Read more: https://www.cnn.com/2021/07/19/inves...day/index.html
....haven't been watching Fox of course but they're no doubt blaming Biden
LV426 (07-19-2021)
Fox News is a danger to public health and should be removed from the airwaves.
They are actively getting people killed by spreading lies and misinformation
When I die, turn me into a brick and use me to cave in the skull of a fascist
Althea (07-19-2021)
What a couple of maroons, inflation fears is what is driving down the Dow. That and the biggest increase in consumer pricing since 2008! You two toe the Democrat line, and lie like your father the father of lies Satan! How much do they pay you?
Trumpet (07-19-2021)
With a hyperbubble bigger than 2008, dems blame maga for the upcoming bust.
Nice try Biden is Putins boy!
https://www.foxbusiness.com/markets/...gy-cyberattack
President Joe Biden has been great for Russian oil and gas producers, and for Russian President Vladamir Putin, energy dominance and political dominance go hand in hand.
All policies implemented by the Biden administration have created jobs, prosperity and influence for Russia’s energy sector. This has come at the expense of U.S. producers and consumers who are now paying on average over $3 per gallon at the pump, per AAA.
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