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7/19, 4:11 PM (Source: TeleTrader)
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Dow extends losses, falls more than 700 points

The Dow Jones extended its losses on Monday falling more than 700 points. It carried on the downward trend further dropping 720 points or 2.08% at 10:12 am ET, as Boeing declined 5.34%.

The Nasdaq 100 was 1.36% in the red at 10:13 am ET, while the S&P 500 lost 1.73% at the same time. Mariott International and the Simon Property Group recorded the biggest losses at their respective indexes falling 5.31% and 7.28% at 10:16 am ET.

The stock sell-off is picking up steam as the ongoing rise in coronavirus cases, particularly that of the Delta variant puts the economic rebound of various countries in doubt.

Breaking the News / OL