US: Stocks open sharply lower amid worries over economy, virus

[NEW YORK] Wall Street stocks opened sharply lower Thursday after another spike in US jobless claims amid worries over rising coronavirus cases in some states that have reopened their economies.

About five minutes into trading, the Dow Jones Industrial Average stood at 26,212.99, down 2.9 per cent. The broad-based S&P 500 shed 2.5 per cent to 3,110.73, while the tech-rich Nasdaq Composite Index fell 2.1 per cent to 9,808.67. The Nasdaq has closed at records the last three days following a major rally in US stocks since plunging in March, which some analysts believe has overestimated the likely economic rebound following coronavirus shutdowns.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

US: Stocks open mixed, Nasdaq up above 10,000 points[NEW YORK] The Nasdaq pushed higher into record territory while the Dow dipped early Wednesday ahead of a Federal Reserve policy announcement. Read more at The Business Times.
Sumber: BusinessTimes - 🏆 15. / 51 Baca lebih lajut »

DoubleLine's Gundlach bearish on US dollar, says stocks 'lofty'The U.S. dollar is unlikely to make significant moves higher in the near term because of the ballooning budget deficit, Jeffrey Gundlach, the ...
Sumber: ChannelNewsAsia - 🏆 6. / 66 Baca lebih lajut »

Oil prices slide on concerns about patchy demand recovery, record US stocksOil prices fell in early trade on Thursday on worries about slow demand growth with coronavirus cases rising, U.S. crude stockpiles hitting an ...
Sumber: ChannelNewsAsia - 🏆 6. / 66 Baca lebih lajut »