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US: Wall St opens lower as virus fears eclipse upbeat retail sales

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US stocks opened lower on Thursday as concerns about the economic toll of another round of coronavirus-driven shutdowns across the United States offset data showing a higher-than-expected rise in domestic retail sales in June.

[NEW YORK] US stocks opened lower on Thursday as concerns about the economic toll of another round of coronavirus-driven shutdowns across the United States offset data showing a higher-than-expected rise in domestic retail sales in June.

The Dow Jones Industrial Average fell 123.53 points, or 0.46 per cent, at the open to 26,746.57. The S&P 500 opened lower by 18.20 points, or 0.56 per cent, at 3,208.36, while the Nasdaq Composite dropped 106.62 points, or 1.01 per cent, to 10,443.87 at the opening bell. 

REUTERS

 

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