Money

China virus concerns, mixed earnings dampen Wall St mood


FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 21, 2020. REUTERS/Brendan McDermid

(Reuters) – U.S. stocks opened lower on Thursday on rising worries over the coronavirus outbreak in China that prompted a lockdown of two cities in the country, while a mixed bag of results added to the dour sentiment.

The Dow Jones Industrial Average .DJI fell 75.25 points, or 0.26%, at the open to 29,111.02. The S&P 500 .SPX opened lower by 5.98 points, or 0.18%, at 3,315.77. The Nasdaq Composite .IXIC dropped 6.05 points, or 0.06%, to 9,377.72 at the opening bell.

Reporting by Sruthi Shankar in Bengaluru; Editing by Saumyadeb Chakrabarty



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