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Wall Street opens lower after jobless claims top 1 million

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Reuters

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US shares opened decrease on August 20 after weekly jobless claims rose unexpectedly again above the 1 million mark final week, lending weight to the Federal Reserve’s view of a tough highway to financial restoration.

The Dow Jones Industrial Common fell 70.20 factors, or 0.25 p.c, on the open to 27,622.68.

The S&P 500 opened decrease by 14.37 factors, or 0.43 p.c, at 3,360.48. The Nasdaq Composite dropped 50.06 factors, or 0.45 p.c, to 11,096.40 on the opening bell.

 

First Printed on Aug 20, 2020 07:09 pm

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