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Markets

Delta variant fears knock Dow to biggest decline in 9 months

New infections and restrictions sow doubts about strength of US recovery

Major U.S. indexes fell July 19 amid a resurgence in coronavirus infections nationwide.   © Reuters

NEW YORK -- U.S. stocks were shaken Monday by worries about the post-pandemic economic recovery, portending a continued sell-off in Asian markets.

The Dow Jones Industrial Average fell 725 points, or 2%, for the biggest decline in roughly nine months. All major U.S. indexes sank in a bout of global risk aversion, with the S&P 500 ending down 1.6% while the Nasdaq fell 1%.

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