US: S&P 500, Dow open flat as Biden edges closer to White House
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[NEW YORK] The S&P 500 and the Dow opened flat on Friday after a sharp rally this week, as Democrat Joe Biden took the lead in the key states of Pennsylvania and Georgia, putting him on the verge of winning the White House.
The shifts in the presidential election overshadowed a better-than-expected US jobs report and worries about spiking coronavirus cases in the United States.
The Dow Jones Industrial Average rose 8.95 points, or 0.03 per cent, at the open to 28,399.13, while the S&P 500 opened lower by 2.11 points, or 0.06 per cent, at 3,508.34.
The Nasdaq Composite dropped 21.03 points, or 0.18 per cent, to 11,869.90 at the opening bell.
REUTERS, 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
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?