The Business Times

US: Wall St dips as trade tensions add to virus woes

Published Thu, May 21, 2020 · 01:45 PM

[NEW YORK] US stock indexes edged lower at the open on Thursday as growing Sino-US tensions and mixed retail earnings added to worries about the pace of a recovery from a coronavirus-fueled economic slump.

The Dow Jones Industrial Average fell 11.63 points, or 0.05 per cent, at the open to 24,564.27. The S&P 500 opened lower by 1.66 points, or 0.06 per cent, at 2,969.95, while the Nasdaq Composite dropped 0.59 points, or 0.01 per cent, to 9,375.19 at the opening bell. 

REUTERS

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here