The Business Times

US: Wall St opens lower as trade war fears compound virus woes

Published Fri, May 15, 2020 · 02:00 PM

[NEW YORK] US stocks opened lower on Friday as fears of increased Sino-US trade hostilities added to concerns over a staggered economic recovery from the coronavirus outbreak.

The Dow Jones Industrial Average fell 170.51 points, or 0.72 per cent, at the open to 23,454.83.

The S&P 500 opened lower by 27.40 points, or 0.96 per cent, at 2,825.10. The Nasdaq Composite dropped 103.73 points, or 1.16 per cent, to 8,839.99 at the opening bell. 

REUTERS

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