Concerns about slowing growth in major economies China and the US were weighing on markets, as investors monitor rising geopolitical tensions around Afghanistan.
While the market has endorsed a strong economic recovery so far, the second half of 2021 will be marked by higher volatility, a CIO said.
Disney's upbeat earnings round out a season that has lifted stocks, while Delta variant-related cuts to demand outlooks weigh on oil futures.
Asian equities fell as COVID-19 concerns and revived concerns about regulatory pressure from China weighed on markets.
The US stock market regained strength on Tuesday, shaking off concerns about economic growth and the Delta coronavirus variant.
With a strong Q2 earnings season underway, investors are awaiting key data on growth and jobs this week, while rising COVID cases have forced more restrictions.
US equity futures fell sharply after trading commenced at 6 p.m. ET. S&P 500 futures slid more than 4% within five minutes, triggering a so-called limit down trading halt. The losses came as the Senate failed to agree on a $US1.6 trillion stimulus packaged designed to boost the coronavirus-stricken economy. […]