US: Dow opens 2.8% lower
Add BT as a preferred source
[NEW YORK] Wall Street stocks tumbled in opening trading Friday, shrugging off strong US jobs data as investors fixate on the economic toll from the coronavirus.
A couple of minutes into trading, the Dow Jones Industrial Average stood at 25,398.19, down 2.8 per cent or around 725 points.
The broad-based S&P 500 also shed 2.8 per cent to 2,938.56, while the tech-rich Nasdaq Composite Index sank 2.7 per cent to 8,503.77.
AFP
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Firm loses wrongful dismissal case despite following termination clause
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ
Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation
