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Markets

Wall Street slips at open as stimulus doubts resurface

  • The S&P 500 dropped 16 points, or 0.44pc, to 3,652.10, while the Nasdaq Composite dropped 65.45 points, or 0.53pc, to 12.340.35.
Published December 11, 2020

Wall Street’s main indexes opened lower on Friday as delays over a new fiscal stimulus package and surging coronavirus infections dented sentiment even as regulators moved toward emergency use authorization of a COVID-19 vaccine.

The Dow Jones Industrial Average fell 64.77 points, or 0.22pc, at 29,934.49 after the market opened.

The S&P 500 dropped 16 points, or 0.44pc, to 3,652.10, while the Nasdaq Composite dropped 65.45 points, or 0.53pc, to 12.340.35.

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