DAVENPORT, Iowa — There's been a big change in the stock market over the past week.
Monday July 19th, stocks dropped as investors feared a virus surge would dent a recovery in the market. Friday, July 22nd, Financial Advisor Mark Grywacheski said the stock market had seen a quick recovery though.
"The Dow has recovered all of its Monday losses and is just 172 points shy of its all-time high," he said.
Why is this happening? Grywacheski got into that Monday, July 26th. He says the Delta variant is causing concern in the markets and the global economy.
"Do governments start to simply reimpose those mask mandates and here in the U.S., we're already starting to hear those discussions taking place."
Grywcheski is also concerned governments will place more restrictions on businesses, now that COVID cases are starting to rise. Your Money with Mark aired live in-between 5 and 5:30 a.m.