Market Snapshot: U.S. stocks fall as Fed’s taper intentions, rising COVID cases spark selling

U.S. stocks slump Thursday, a day after minutes of the Federal Reserve’s July meeting showed the central bank was preparing to pull back on its stimulus measures this year as worries rise over the spread of the delta variant of the coronavirus that causes COVID-19.

U.S. stocks slump Thursday, a day after minutes of the Federal Reserve’s July meeting showed the central bank was preparing to pull back on its stimulus measures this year as worries rise over the spread of the delta variant of the coronavirus that causes COVID-19.