US stocks fall as Wall Street returns from holiday

Most of the main US stocks indices fell on Tuesday, after yesterday's Labor Day holiday, to return amid lingering concerns over the coronavirus impact on global economic growth.

Investors are monitoring the Fed's monetary policy moves and the possibility of postponing reducing its bond-buying program due to the risks of Covid-19 pandemic, especially the delta variant.

Goldman Sachs slashed its US economic growth forecast in 2021 to 5.7% due to concerns over the delta variant and the possibility of anther lockdown restrictions.

US stock and bond markets in Wall Street were closed yesterday, in observance of the Labor Day holiday.

As for stocks, Dow Jones fell 0.6% or 198 points to 35,171 as of 13:59 GMT, and S&P 500 fell 0.3% or 13 point to 4,522, while Nasdaq rose 0.1% or 8 points to 15,372.