Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

US stocks open mostly lower as coronavirus crisis continues

Economies.com
2020-07-10 14:18PM UTC

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.

American Markets News

Americas News

Markets

Wall Street gains ground as 2025 approaches end
2025-12-22 17:51PM UTC
US stock indexes rose during Monday’s trading as 2025 approaches its end, alongside a ...
Americas News

Markets

Wall Street inches up, underpinned by tech shares
2025-12-19 14:57PM UTC
US stock indexes rose during Friday’s trading, supported by a rebound in the technology ...
Americas News

Markets

Wall Street mixed, Dow at new record highs
2025-12-12 15:04PM UTC
US stock indices showed mixed performance during Friday’s trading, as investor concerns ...