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SQUAWK BOX, TUESDAY 10TH AUGUST 2021

Author
CNBC International
Published
Tue 10 Aug 2021
Episode Link
None

The S&P 500 and the Dow falter due to Delta variant spike concerns and the effect it may have on global demand. Energy stocks are particularly lower Stateside. But, some positive macro data could lift sentiment, as U.S. job vacancies hit a record high of 10 million at the end of June while several Fed governors push for a swifter reduction in stimulus measures. Meanwhile, Tencent-backed South Korean video game maker Krafton tumbles on its first day of listing in Seoul on worries of Beijing’s continuing tech regulatory crackdown. In pharma news, Germany’s BioNtech has hiked guidance with Q2 profits hitting almost €3bn on soaring vaccine demand.

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