Home » Wall Street, caution at the start: earnings season and Covid fears in the foreground

Wall Street, caution at the start: earnings season and Covid fears in the foreground

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Wall Street also opens its doors in decline. In the first few minutes of trading, the Dow Jones fell 0.19%, while the S & P500 index and the Nasdaq fell 0.13% and 0.29% respectively. After a good start in August, the second session of the month starts with reverse gear engaged. Investors are sifting through corporate earnings while addressing concerns about how the global economy can withstand the Delta variant of the coronavirus and China’s regulatory action. All pending data on the US labor market that will be released next Friday.

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