Wall Street dips after five-day run on fears over coronavirus surge

Wall Street's major indexes slipped on Tuesday following the benchmark S&P 500's longest streak of gains this year as investors worried about the tens of thousands of new coronavirus cases nationwide.

Florida's greater Miami area became the latest US coronavirus hot spot to roll back its reopening, while Texas registered an all-time high in the number of people hospitalized at any one moment with Covid-19 for an eighth straight day.

Energy stocks dropped 2 per cent on worries over fuel demand while travel-related stocks, which were among the hardest hit during lockdowns, also fell. The S&P 1500 airlines index shed 4.2 per