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US stocks tumble on new Texas restrictions to combat virus | Malay Mail

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NEW YORK, June 26 — Wall Street stocks were down sharply at mid-morning today, adding to losses after Texas partly reversed the reopening of its economy due to surging coronavirus cases. Near 1445 GMT, the Dow Jones Industrial Average was down 2.2 per cent, or around 560 points, at 25,182.05. The...

A man wears a protective mask as he walks past the New York Stock Exchange on the corner of Wall and Broad streets during the coronavirus outbreak in New York City, New York, US, March 13, 2020. — Reuters pic

The broad-based S&P 500 fell 1.9 per cent to 3,026.02, while the tech-rich Nasdaq Composite Index shed 2.1 per cent to 9,809.37. US indices fell sharply Wednesday, but recovered some of those losses yesterday on bargain hunting facilitated by loose monetary policy.

 

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