Fear of COVID Outbreaks Weighs on Markets The major U.S. stock indexes fell on Thursday on concern about the global economic comeback from COVID-19. The losses came as Japan declared a state of emergency in Tokyo for the upcoming Olympics and as countries deal with a rebound in cases because of COVID variants. The Dow Jones Industrials finished in the red 259.86 points to 34,421.93 The SP 500 dropped 37.31 points to 4,320.82 The NASDAQ lost 105.28 points to 14,559.79. Losses were led by companies that would benefit from a rapid economic comeback from the virus. Shares of Carnival, Norwegian Cruise Line and Royal Caribbean each dropped more than 1%. United Airlines and Delta Air Lines each fell more than 1%. Retailer Nordstrom dipped 3% and Home Depot and Lowes both fell 1.5%. Chip stocks also fell on concerns about the pace of the global recovery. Micron, Qualcomm, Intel and Applied Materials fell more than 1% and Nvidia dropped 2.3%. Technology stocks also declined with Microsoft, Apple, Facebook and Google-parent Alphabet all closing in the red.