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.
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