Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
WhatsApp Telegram LinkedIn Facebook X TikTok Instagram

US stocks open lower as investors assess coronavirus impact

Economies.com
2020-02-18 15:17PM UTC

US stocks fell on Tuesday, as investors continued to parse the impact of Chinese virus on economies and corporate businesses.

 

The tech giant, Apple, yesterday trimmed its revenue forecasts for the first quarter of this year, and attributed that to the coronavirus impact on Chinese sales.

 

China revealed today that the coronavirus death toll rose to more than 1,880 victims, and infected about 72,000 cases.

 

In spite of the massive numbers of victims, Chinese officials stated that the virus has showed slowdown signs in its spread throughout the country, which came amid news that Beijing is in the middle of drugs trails that might treat the virus.

 

As for stocks, at 15:14 GMT, Dow Jones was lower by 0.3% or 100 points to trade at 29,296, Nasdaq slipped 0.1% or 5 points to 9,726, and S&P 500 dipped 0.2% or 8 points to 3,371.

American Markets News

Americas News

Markets

Wall Street ends higher with both NASDAQ and S&P 500 marking fresh record highs
2025-07-03 18:31PM UTC
U.S. stock indices rose on Thursday in a shortened trading session ahead of a holiday break, with ...
Americas News

Markets

Wall Street powers up after strong employment data
2025-07-03 15:10PM UTC
US equity indices rose on Thursday after the release of employment figures that significantly ...
Americas News

Markets

NASDAQ and S&P 500 resume the tone of gains
2025-07-02 15:28PM UTC
US stock indices rose during Wednesday trading following the release of economic data that boosted ...