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Wall Street drops at open as tech stocks slide, COVID cases jump

The Dow Jones Industrial Average fell 86.84 points, or 0.33 percent, at the open to 26,572.27.

October 30, 2020 / 07:23 PM IST

Wall Street's main indexes fell at the open on October 30 triggered by a selloff in tech heavyweights following their underwhelming business updates, with a record rise in coronavirus cases and nerves over the presidential election adding to a downbeat mood.

The Dow Jones Industrial Average fell 86.84 points, or 0.33 percent, at the open to 26,572.27.

The S&P 500 opened lower by 15.85 points, or 0.48 percent, at 3,294.26, while the Nasdaq Composite dropped 82.12 points, or 0.73 percent, to 11,103.47 at the opening bell.

 
Reuters

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