Traders and financial professionals work on the floor of the New York Stock Exchange ahead of the closing bell, June 21, 2019 in New York City. — AFP pic
About 45 minutes into trading, the Dow Jones Industrial Average was down 0.6 per cent at 19,053.17, and the broad-based S&P 500 also fell 0.6 per cent to 2,290.31 after regaining some ground lost just after the open.Last week saw US indices suffer their worst week since 2008 amid forecasts of a deep US and global economic contraction due to mass layoffs as business activity shuts down due to the coronavirus.
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