Daily Business BriefingJuly 19, 2021Updated July 19, 2021, 12:50 p.m. ETJuly 19, 2021, 12:50 p.m. ETConcerns that the highly contagious coronavirus Delta variant could slow the global economic recovery gripped financial markets on Monday, putting Wall Street on track for its worst daily decline in months.The S&P 500 fell as much as 2 percent and was on pace for its worst drop since mid-May (not February as was earlier reported here). The Stoxx Europe 600 dropped 2.3 percent, its worst decline this year. Major indexes in Hong Kong and Japan had ended the day with a loss of more than 1 percent.The sell-off on Wall Street was …
