Tag Archives: COVIDDelta

Wall Street dives as COVID-Delta variant worries swamp earnings; Robinhood seeks $35B valuation

Wall Street dives as COVID-Delta variant worries swamp earnings; Robinhood seeks B valuation

Stocks sank on Monday, pushing Wall Street benchmarks lower even as second-quarter earnings results reflect a strengthening economic rebound, as rising worries over inflation and the resurgence of new COVID-19 infections rattled investors. This week’s batch of earnings will include industry leaders like Netflix (NFLX) and Johnson & Johnson (JNJ), offering a fuller picture of how companies are faring as more parts of the economy reopened in the spring and early summer. All eyes will also be on… Source link

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