Surging Delta variant pressures U.S. stocks, gold, oil

NEW YORK, New York - U.S. stocks wavered on Monday, one trading day after the Dow Jones industrials and Standard and Poor's 500 hit all-time highs.

A sharp fall in the price of gold, coupled with a 4 percent drop in oil prices added to growing concerns about rapidly rising cases of the Covid-19 Delta variant.

"Covid is weighing heavily on the financial markets," Jim Paulsen, chief investment strategist at t