
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.
Federal regulators repeatedly granted appeals to remove Camp Mystic’s buildings from their 100-year flood map, loosening oversight as the camp operated and expanded in a dangerous flood plain in the years before rushing waters swept away children and counselors, a review by The Associated Press found.

Two of the most senior figures in the US government — Secretary of State Marco Rubio and the White House chief of staff — have been impersonated in recent weeks using artificial intelligence — a tactic that harnesses a rapidly developing technology that cybersecurity experts say is becoming the “new normal” in terms of cheap and easy scams targeting senior US officials.