The market succumbed to COVID Delta variant fears last Monday, then snapped back to a record close by week’s end. All major averages closed higher for the week with the S&P 500 Index +2.0%, the NASDAQ +2.9% and the Dow +1.1%. The U.S. 10-year Treasury bond yield decreased to 1.28% at Friday’s close versus …
Passing the Baton
July 26, 2021