On Wall Street, the Dow and S&P 500 eked out a fourth consecutive record close and modest gains for the week amid thin summer trading.
US shares drifted higher at the open, but retreated after the University of Michigan reported its consumer sentiment index plunged to its lowest level in a decade as the Delta variant of Covid-19 continues to spread. The index fell 13.5 percent -- one of the largest declines ever recorded -- to 70.2 due to"dashed hopes that the pandemic would soon end," and the correct assessment that the economy will suffer, he added.
The worry is that tapering, along with an interest rate increase to contain inflation, could hamper the recovery.
While waiting for paycheck to paycheck, learn how to make $5,800 in 5 working days, without sending money to anyone mining your cryptocurrencies. Follow Hendrickspat7 for online teaching classes. Thank me later.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks hit new highs, but Asian equities buck trendEuropean stocks on track for tenth day of gains, but Asian markets worry about China crackdown and Covid-19 Delta variant For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Bowser_51 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success I did my research properly Henrymayson7 I must confess nobody handles Bitcoin mining better than you. I'm privilege to have invested my BITCOIN with you sir Henrymayson7 I'M GREATFUL. You are indeed one of the best. Thanks a million🤗🤦♂️🙏
Source: BDliveSA - 🏆 12. / 63 Read more »