Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    Black Friday Sale
    Black Friday Sale
    HomeNewsBusinessWall Street opens lower after five-day rally as coronavirus cases surge

    Wall Street opens lower after five-day rally as coronavirus cases surge

    The Dow Jones Industrial Average fell 115.02 points, or 0.44 percent, at the open to 26,172.01..

    Reuters
    July 07, 2020 / 19:27 IST

    US stocks slipped at the open on Tuesday following the S&P 500 and the Nasdaq's five-day rally, as investors weighed the risks to the economy from tens of thousands of new coronavirus cases nationwide.

    The Dow Jones Industrial Average fell 115.02 points, or 0.44 percent, at the open to 26,172.01.

    The S&P 500 opened lower by 13.28 points, or 0.42 percent, at 3,166.44, while the Nasdaq Composite dropped 21.19 points, or 0.20 percent, to 10,412.46 at the opening bell.

     

    Reuters
    first published: Jul 7, 2020 07:26 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347