Wall Street extends losses after data shows business activity stalls

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

U.S. stock index futures lurched downwards on Friday as a spike in new coronavirus cases in China and elsewhere sent investors scrambling for ...

REUTERS: U.S. stocks fell further on Friday after data showed U.S. business activity in the manufacturing and services sectors stalled in February, as companies grew increasingly concerned about the coronavirus.

At 9:49 a.m. ET, the Dow Jones Industrial Average was down 283.47 points, or 0.97per cent, at 28,936.51, while the S&P 500 was down 34.78 points, or 1.03per cent, at 3,338.45. The Nasdaq Composite was down 136.59 points, or 1.40per cent, at 9,614.38.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines