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Markets

Wall Street dips at open on rising virus cases; eyes on stimulus deal

  • The S&P 500 opened lower by 8.91 points, or 0.24pc, at 3,683.05, while the Nasdaq Composite dropped 16.77 points, or 0.13pc, to 12,503.17 at the opening bell.
Published December 8, 2020
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Wall Street’s main indexes opened lower on Tuesday as surging coronavirus cases threatened to hamper an economic revival, while investors awaited progress in ongoing negotiations for a fresh COVID-19 U.S. relief package.

The Dow Jones Industrial Average fell 71.84 points, or 0.24pc, at the open to 29,997.95.

The S&P 500 opened lower by 8.91 points, or 0.24pc, at 3,683.05, while the Nasdaq Composite dropped 16.77 points, or 0.13pc, to 12,503.17 at the opening bell.

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