US stocks open mostly lower as coronavirus crisis continues

2020-07-10 14:38:48 GMT (Economies.com)
US stocks open mostly lower as coronavirus crisis continues

US stock indices fell Friday, after weak data and lingering concerns over the growing coronavirus crisis.

 

The US reported today that coronavirus infections increased by 63,000 new cases after yesterday's record spike of 65,000 cases, while health experts believe that the actual numbers are much higher.

 

The World Health Organization warned yesterday that the virus is still spreading at a high rate, and it might be airborne in crowded places.

 

The US producer price index reading for June shrunk by 0.2%, lower than forecasts of rising by 0.4%. 

 

As for stocks, Dow Jones rose 0.3% or 70 points to 25,777 as of 14:16 GMT, while Nasdaq fell 40 points to 10,508, and S&P 500 held at 3,152.

 
 
 
  Symbol Last Change Chg.%
1.1755
0.0045
0.3813%
1.3067
0.0052
0.4015%
Tadawul
7459.21
4.14
0.06%
24.343
0.097
0.398%
41.095
0.660
1.632%
44.38
0.91
2.09%
1974.885
5.530
0.281%
 
 
US
 
Europe
 
Asia