The US stock market fell due to fears of another wave of the pandemic

The US stock market fell on Monday and investors sought refuge in government bonds. The reason was concerns that the growth in the number of coronavirus infections in the world would jeopardize the economic recovery. The companies that fell the most were air carriers, hotels and other companies that could be most at risk from restrictions related to the pandemic. United Airlines has fallen in price by 5.5 percent and the cruise ship operator Carnival has written off 5.7 percent. However, the sale was general and almost 90 percent of the shares that make up the S&P 500 index went down. Even the shares of large technology companies have become cheaper. Apple lost 2.7 percent and Microsoft fell 1.3 percent. The World Health Organization has reported that the number of infections and deaths is rising globally, being caused by highly contagious delta variants of the virus. And given how strongly the global economy is interconnected, the negative impact in any part of the world can quickly manifest on the other side. The S&P 500 lost 1.6 percent and closed at 4,258.49 points. The Dow Jones industrial index fell 2.1 percent to 33,962.04 points. The technology Nasdaq fell 1.1 percent to 14,274.98 points and the Russell 2000 smaller company index weakened 1.5 percent to 2,130.68 points. Asian stock markets also fell on Tuesday. Japan's main index, the Nikkei 225, fell 0.9 percent to 27,417.75 points. Hong Kong's Hang Seng lost 1.1 percent and China's Shanghai Composite stock index fell 0.2 percent.