Singapore stocks open lower, tracking US markets; STI down 0.5%

📆 20-10-20 06:47:00
📰 BusinessTimes

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SINGAPORE shares opened lower on Tuesday after US markets fell overnight amid dwindling hopes for a stimulus deal. Read more at The Business Times.

, erasing early gains amid signs of rising coronavirus infections and fading hopes for a US stimulus deal.

The Dow Jones Industrial Average lost 1.4 per cent or over 400 points to finish at 28,195.42, while the broad-based S&P 500 and the tech-rich Nasdaq Composite each fell 1.6 per cent to 3,426.92 and 11,478.88 respectively.. The benchmark Nikkei 225 index slipped 0.2 per cent or 55.30 points to 23,615.83 in early trade, while the broader Topix index fell 0.3 per cent or 4.15 points to 1,633.83.For daily updates on weekdays and specially selected content for the weekend.

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