The Dow index sank more than two percent yesterday as investors sold off economically sensitive shares.

Investors remained concern over spike in COVID-19 cases and its effect on economic recovery.

New infections surged in parts of Asia and England, while U.S. COVID-19 cases soared 70 percent last week, fueled by the Delta variant.

The Dow Jones Industrial Average plunged 2.1 percent and the S&P 500 declined 1.6 percent and the Nasdaq Composite index fell 1.1 percent.