Wall Street wobbles as Covid-19 variant continues to surge
03 Aug 2021, 06:12 GMT+10
NEW YORK, New York - The surging Delta variant of COVID-19 has unnerved U.S. investors with Wall Street ending the day on Monday directionless.
"I don't think investors are worried about broader macroeconomic numbers even if they are showing signs of a slowdown; the concern lies in the risk of reopening being on pause because of the spread of the Delta variant," Dennis Dick, a proprietary trader at Bright Trading LLC told Reuters Thomson Monday.
The Nasdaq Composite edged up 8.39 points or 0.06 percent to 14,681.07.
The Standard and Poor's 500 eased 8.11 points or 0.18 percent to 4,387.15.