Wall Street drops at open as tech stocks slide, Covid-19 cases jump

Wall Street’s main indexes fell at the open on Friday triggered by a selloff in tech heavyweights following their underwhelming business updates, with a record rise in coronavirus cases and nerves over the presidential election adding to a downbeat mood.

The Dow Jones Industrial Average fell 86.84 points, or 0.33%, at the open to 26,572.27.

The S&P 500 opened lower by 15.85 points, or 0.48%, at 3,294.26, while the Nasdaq Composite dropped 82.12 points, or 0.73%, to 11,103.47 at the opening bell.