U.S. markets, oil prices dip as concerns intensify over delta variant

Still, there are signs that the recovery is powering ahead despite the head winds. On Friday, the Labor Department reported that the economy added 943,000 jobs in July, its second consecutive monthly gain of more than 900,000. Corporate earnings have been upbeat, with 87 percent of S&P 500 companies coming in above expectations for revenue and earnings per share, according to FactSet.