US stocks open lower on renewed trade war concerns

2020-05-22 14:34:57 GMT (Economies.com)
US stocks open lower on renewed trade war concerns

US stock indices fell on Friday, amid lingering concerns over a renewed trade war between the US and China on the origin of the coronavirus crisis.

 

The number of coronavirus infections has surpassed 5 million globally, with a death toll of hundreds of thousands victims, more than 90,000 thousand of which are US citizens.

 

President Donald Trump told Fox News that China's mishandling of the outbreak is the main cause behind the death of hundreds of thousands globally.

 

The US Senate yesterday passed a bill that would prevent Chinese companies from listing their shares for public offering on the US stock exchanges.

 

As for stocks, Dow Jones fell 0.5% or 132 points to 24,341 as of 14:07 GMT, Nasdaq fell 0.2% or 20 points to 9,264, and S&P 500 fell 0.3% or 10 points to 2,937.

 
 
 
  Symbol Last Change Chg.%
1.1682
0.0011
0.0981%
1.2876
0.0008
0.0649%
Tadawul
8334.65
20.45
0.25%
23.829
0.473
2.027%
40.596
0.306
0.759%
42.43
0.51
1.22%
1885.710
13.015
0.695%
 
 
US
 
Europe
 
Asia