The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

US: Stocks open lower, resuming sell-off after 3-day surge

Published Fri, Mar 27, 2020 · 02:03 PM
Share this article.

[NEW YORK] After three straight sessions of gains, Wall Street opened sharply lower Friday amid a worsening economic outlook due to the coronavirus outbreak.

About five minutes into trading, the Dow Jones Industrial Average had dropped 3.5 per cent or around 800 points to 21,754.26.

The broad-based S&P 500 fell 3.2 per cent to 2,545.80, while the tech-rich Nasdaq Composite Index dropped 2.9 per cent to 7,572.60.

AFP

SEE ALSO
US: Stocks fall again amid geopolitical worries
GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

VIEW ALL

KEYWORDS IN THIS ARTICLE

Covid-19

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here