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Wall Street opens lower as coronavirus fears eclipse upbeat retail sales

The Dow Jones Industrial Average fell 123.53 points, or 0.46 percent, at the open to 26,746.57.

July 16, 2020 / 07:26 PM IST

US stocks opened lower on Thursday as concerns about the economic toll of another round of coronavirus-driven shutdowns across the United States offset data showing a higher-than-expected rise in domestic retail sales in June.

The Dow Jones Industrial Average fell 123.53 points, or 0.46 percent, at the open to 26,746.57.

The S&P 500 opened lower by 18.20 points, or 0.56 percent, at 3,208.36, while the Nasdaq Composite dropped 106.62 points, or 1.01 percent, to 10,443.87 at the opening bell.

 
Reuters

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