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US: Wall St drops as tech stocks slide, Covid cases up

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Wall Street's main indexes fell at the open on Friday triggered by a selloff in tech heavyweights following their underwhelming business updates, with a record rise in coronavirus cases and nerves over the presidential election adding to a downbeat mood.

[NEW YORK] Wall Street's main indexes fell at the open on Friday triggered by a selloff in tech heavyweights following their underwhelming business updates, with a record rise in coronavirus cases and nerves over the presidential election adding to a downbeat mood.

The Dow Jones Industrial Average fell 86.84 points, or 0.33 per cent, at the open to 26,572.27.

The S&P 500 opened lower by 15.85 points, or 0.48 per cent, at 3,294.26, while the Nasdaq Composite dropped 82.12 points, or 0.73 per cent, to 11,103.47 at the opening bell.

REUTERS

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