Iron ore price, page-33899

Stock markets all down over 2% in Europe and US down about 1.3% so far tonight and that will hit our market tomorrow(Friday).
Might be a good time to top up with all the panic selling.

Its the delta variant and fear causing wall street and other markets to collapse.

New York (CNN Business)US stocks tumbled Thursday as investors grew fearful that the electric global economic rebound could be slowing.The Dow (INDU) opened 380 points, or 1.1%, lower. The S&P 500 (SPX) dropped 1.3% and the Nasdaq Composite (COMP) plummeted 1.6%.Oil prices fell for the third-straight day. and bitcoin (XBT) dropped more than 6%. International stock markets were also sharply lower.Several factors contributed to Wall Street's sharp reversal from its record highs set Wednesday. The Delta variant: The spread of the coronavirus' Delta variant continued to threaten the global economic recovery. More than 4 million people around the world have died of Covid-19, according to Johns Hopkins University. But the Delta variant is about twice as infectious as the 2020 version -- a kind of "Covid-19 on steroids," Andy Slavitt, a former senior adviser to Joe Biden's Covid Response Team, told CNN on Wednesday. Covid-19 cases have risen at least 10% in 24 US states over the past week. Japan declared a state of emergency that will last through August 22 -- a period that includes all of the Olympic games. China's National Health Commission earlier this week reported the highest daily tally of infections since January 30. And a group of more than 4,000 scientists and health professionals signed a letter this week condemning the British government's plans to drop most pandemic control measures on Monday as the Delta variant spreads.Wall Street feared that the spread of the Delta variant could undo much of the progress gained over the past year. "Growing concerns around the Delta variant are adding to anxieties about the global growth outlook," said Keith Lerner, chief market strategist at Truist Advisory Services.

Here we go again.