Monday, August 2, 2021

Wall Street reverses earlier gains as Delta, China tech crackdown weigh

US markets began August on a high note thanks to strong corporate earnings, encouraging US manufacturing data, and prospects for the $1-trillion-dollar infrastructure spending bill.


But that optimism failed to hold the day.


Weighed down by concerns about the Delta variant and worries over China's tech crackdown, the Dow Jones and the S&P finished in negative territory.


Here's Liling Tan with the Wall Street wrap. 


IN: "Here's what Wall Street

OUT: SOC

DUR: 55 seconds


All: http://www.fsnradionews.com/feeds/0802-USmarkets-lt-generic.mp3