The Dow Jones Industrial Average fell 97.31 points, or 0.28%, to 34,838.16, and the Nasdaq Composite added 8.39 points, or 0.06%, to 14,681.07. The MSCI world equity index, which tracks shares in 49 countries, gained 0.37%.
BOSTON: U.S. stocks reversed course on Monday to finish slightly lower, echoing a decline in oil and Treasury prices, as economic worries related to the Delta variant of the coronavirus outweighed optimism about infrastructure spending and corporate earnings.
Stocks initially cheered the announcement on Sunday by U.S. senators of around $1 trillion in proposed infrastructure stimulus. A rebound in corporate profits also bolstered the case for owning stocks, even as markets stand near records and economic growth is expected to slow.
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