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The SPDR S&P 500 ETF Trust (NYSE:SPY) bounced off its early Monday lows but still closed down 1.4%, while the Dow Jones Industrial Average dropped 725 points for its worst day of 2021. The primary catalyst driving the market lower appears to be a rise in COVID-19 cases (specifically in regards to the Delta variant) and the potential for another wave of infections to derail the global economic recovery.
...read full article on Benzinga
