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 Updated December 11, 2020 08:25pm
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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.