Acorns Capital Management Limited

Market ended lower as stocks dropped after the monthly report from the Conference Board was released, showing that the consumer confidence dropped lower than expected while the delta variant was running amok.

Stocks ended mixed with S&P and NASDAQ finding some footing after grave losses from previous sessions due to concerns over potential changes on the monetary policies which was sooner than expected.

Stocks collectively dip after setting record levels last week while commodity prices declined due to concerns over variant COVID's rampant spread resurfaced and gets highlighted. Oil prices sank sharply right after concerns resurge.

Market recovered losses as stocks rocketed higher this Friday after investors shake off existing growth concerns. All the declines from yesterday were swept away with all benchmark equities setting new all-time highs.