US: Stocks open lower, resuming sell-off after 3-day surge

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

[NEW YORK] After three straight sessions of gains, Wall Street opened sharply lower Friday amid a worsening economic outlook due to the coronavirus outbreak. Read more at The Business Times.

About five minutes into trading, the Dow Jones Industrial Average had dropped 3.5 per cent or around 800 points to 21,754.26.[NEW YORK] After three straight sessions of gains, Wall Street opened sharply lower Friday amid a worsening economic outlook due to the coronavirus outbreak.

About five minutes into trading, the Dow Jones Industrial Average had dropped 3.5 per cent or around 800 points to 21,754.26. The broad-based S&P 500 fell 3.2 per cent to 2,545.80, while the tech-rich Nasdaq Composite Index dropped 2.9 per cent to 7,572.60.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus: New York, New Orleans hospitals reel as US death toll tops 1,000NEW YORK (REUTERS) - As the coronavirus pandemic's US death toll raced past 1,000 people, hospitals and government authorities in New York, New Orleans and other hot spots grappled on Thursday (March 26) with a surge in cases and a dire shortage of supplies, staff and sick beds.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Stocks brush aside record US unemployment surgeNEW YORK: Stocks shot higher on Thursday (Mar 26) as investors brushed aside a record surge in US unemployment benefit claims, instead focusing on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Stocks rally advances on German, US stimulus plansNEW YORK: Global stocks mostly rose on Wednesday (Mar 25) after US congressional leaders reached a deal on a mammoth stimulus bill, although the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Asia stocks rise after US rally on bets of more stimulus: STI up 2.2%TOKYO (REUTERS) - Asian stocks rose on Friday (March 27) as investors wagered policymakers will roll out additional stimulus measures to combat the coronavirus pandemic after US unemployment filings surged to a record.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

US corporate crisis bailouts may prove bonanza for insider trading, new study warnsWhite-collar crime prosecutors and defense attorneys are likely to be busy following a massive economic stimulus package from the U.S. Congress ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

5 key things in the US$2t coronavirus stimulus package of the USWASHINGTON (NYTIMES) - Trump administration officials and top Democrats finalised an agreement early Wednesday (March 25) on a roughly US$2 trillion (S$2.9 trillion) rescue package to confront the coronavirus pandemic, the largest economic stimulus measure in modern history.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »