Peter Cardillo speaks to ET Now to discuss the global markets and what is happening on the front of the global market. Wall Street jumps back into action after sell-off and Dow jumps more than 350 points in the market. While the global market is seeing a rebound, the overall outlook continues to remain upbeat, says Peter Cardillo. He further sheds light on the rising concerns over the Delta variant of COVID-19. Peter Cardillo further adds that the energy and banking shares rebound from a sharp sell-off. The 10-Year Treasury note also climbed 5 Basis points in the market, adds Peter Cardillo.