Markets

Wall St opens flat on simmering US-China tensions

The S&P 500 opened lower by 0.46 points, or 0.02pc, at 2,948.05, while the Nasdaq Composite dropped 6.33 points
Published May 22, 2020
  • The S&P 500 opened lower by 0.46 points, or 0.02pc, at 2,948.05, while the Nasdaq Composite dropped 6.33 points, or 0.07pc, to 9,278.55 at the opening bell.

US stocks opened flat on Friday as investors pitted hopes of more stimulus to revive an ailing economy against deteriorating US-China relations over Beijing's move to impose a national-security law in Hong Kong.

The Dow Jones Industrial Average fell 12.14 points, or 0.05pc, at the open to 24,461.98.

The S&P 500 opened lower by 0.46 points, or 0.02pc, at 2,948.05, while the Nasdaq Composite dropped 6.33 points, or 0.07pc, to 9,278.55 at the opening bell.

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