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Dow Jones tumbles 800 points in early trading

Economies.com
2021-07-19 14:20PM UTC

US stock indices slumped in early trading on Monday, due to renewed concerns of the pandemic spreading out of control.

 

World Health Organization data stated that coronavirus infections have increased in the USs, Europe and Asia due to the new Delta strain, which has renewed fears of the pandemic spreading out of control.

 

The US government revealed that the average infection during the past seven days until Friday was about 30,000 cases, which is higher than June's average of 8,000 cases.

 

As for stocks, Dow Jones fell 2.3% or 801 points to 33,872 as of 14:18 GMT, and S&P 500 fell 2% or 87 points to 4,239, while Nasdaq fell 1.7% or 246 points to 14,180.

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