
Stocks are on track for record highs after a turbulent week
CNN
It's been a turbulent week on Wall Street, starting with a massive selloff over worries about the Delta variant. But by Friday, stocks were on track to hit record highs.
On Monday, the market was deep in the red and the Dow (INDU) recorded its worst day since last October. The S&P 500 (SPX) and the Nasdaq Composite (COMP) logged their worst performances since May. Investors, fearful that rising Covid-19 cases and the more infectious Delta variant would stifle the economic recovery, retreated from stocks and fled to the relative safety of government bonds.More Related News