Weekly market recap
For the week, major US indexes set new records.  $Dow Jones Industrial Average(.DJI.US)$ gained 1.08%; the  $S&P 500 Index(.SPX.US)$is headed for a weekly gain of 1.96%, and the  $Nasdaq Composite Index(.IXIC.US)$ gained the most by 2.84% this week.
All three of the major averages finished at record closing highs last week after the markets tumbled at the start of the week on concerns about the spread of the delta variant of Covid and how it would potentially hinder the economic recovery. The uncertainty briefly sent bond yields lower, and investors jumped into tech stocks. Both bonds and equities rebounded quickly by the end of the week....