You are here

US: Wall St dips on Sino-US friction, surging virus cases


[NEW YORK] Wall Street opened lower on Friday as US-China tensions and fears over mounting Covid-19 cases weighed on investor sentiment, erasing all gains for the benchmark S&P 500 index so far this week.

The Dow Jones Industrial Average fell 118.92 points, or 0.45 per cent, at the open to 26,533.41. The S&P 500 opened lower by 17.08 points, or 0.53 per cent, at 3,218.58, while the Nasdaq Composite dropped 167.01 points, or 1.60 per cent, to 10,294.41 at the opening bell. 



BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to