Investors worry whether global markets have lost rally steam
(WorldNews Business)

Dubai: Investors worldwide worry a dramatic rebound seen in stocks during the past weeks is stalling amid rising number of new infections in several regions and renewed global economic uncertainty. After a colossal rally seen in markets, investors have turned increasingly cautious as recovery in the world`s largest economy was seen wobbling as new COVID-19 cases surged and political problems rose the country. And the sentiment will continue to drive markets in the week ahead as well. Rally loses steam The S&P 500 benchmark on Wall Street currently stand some 4 per cent below all-time highs, but its weekly advances have grown progressively smaller in July, as some investors who have racked up...