Stock market is at risk of a correction if this happens amid the spread of the Delta variant

  • Date: 20-Jul-2021
  • Source: Yahoo News
  • Sector:Economy
  • Country:Middle East
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Stock market is at risk of a correction if this happens amid the spread of the Delta variant

Most Wall Street strategists agree that Monday's market rout — fueled by yawning worries about the fast-spreading COVID-19 Delta variant — should serve as a wake-up call to investors who have sent stock prices to record valuations. 

And they also generally agree on what could send stocks spiraling even lower from here — a subpar second quarter earnings season chock-full of concerning guidance due to the ongoing uncertainty of the pandemic.