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Wall St drops at open on surging Covid cases, rise in weekly jobless claims

Wall Street's main indexes opened lower on Thursday as surging Covid-19 cases and an unexpected rise in weekly jobless claims raised fears of stalling growth in the world's largest economy

Topics
Wall Street | Coronavirus | US jobless claims

Reuters 

wall street

(Reuters) - Wall Street's main indexes opened lower on Thursday as surging COVID-19 cases and an unexpected rise in weekly jobless claims raised fears of stalling growth in the world's largest economy.

The Dow Jones Industrial Average fell 67.50 points, or 0.23%, at the open to 29,370.92.

The S&P 500 opened lower by 8.38 points, or 0.23%, at 3,559.41, while the Nasdaq Composite dropped 22.57 points, or 0.19%, to 11,779.04 at the opening bell.

 

(Reporting by Shivani Kumaresan in Bengaluru; Editing by Shounak Dasgupta)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Thu, November 19 2020. 20:34 IST
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