US: Wall St opens lower as virus cases surge, stimulus doubts

[WASHINGTON] Wall Street's main indexes started the week on a dour note on Monday as surging coronavirus cases and a stalemate in Washington over the next fiscal aid bill darkened the economic outlook in the run up to the Nov 3 presidential election.

The Dow Jones Industrial Average fell 149.75 points, or 0.53 per cent, at the open to 28,185.82.

The S&P 500 opened lower by 23.97 points, or 0.69 per cent, at 3,441.42, while the Nasdaq Composite dropped 107.64 points, or 0.93 per cent, to 11,440.64 at the opening bell.

REUTERS