US stocks dip as investors weigh virus drag, stimulus | Malay Mail

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NEW YORK, June 22 — Wall Street stocks opened lower today as the combination of higher coronavirus cases in many states juxtaposed against robust stimulus efforts pointed to increased volatility. Stocks futures had been in positive territory prior to the start of trading, but equities fell in the...

People walk by the New York Stock Exchange in an empty Financial District June 15, 2020 in New York City. — Getty Images via AFP

Stocks futures had been in positive territory prior to the start of trading, but equities fell in the opening moments, with the Dow Jones Industrial Average off 0.6 per cent at 25,722.98. Investors have had a mixed response to significant increases in Covid-19 cases in Texas, Florida and other states, at times shrugging off the trend and at other junctures pulling back on fears that fresh outbreaks could depress economic activity or prompt lockdowns to be reinstated.

 

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