Salem Radio Network News Thursday, July 2, 2020

Business

Wall Street slips at open on worries over rising coronavirus cases

(Reuters) – Wall Street’s main indexes opened lower on Wednesday, a day after the Nasdaq scaled a fresh peak, as investors assessed the risk to the domestic economy from a surge in coronavirus cases in several U.S. states.

The Dow Jones Industrial Average <.DJI> fell 163.14 points, or 0.62%, at the open to 25,992.96. The S&P 500 <.SPX> opened lower by 16.89 points, or 0.54%, at 3,114.40. The Nasdaq Composite <.IXIC> fell 37.55 points, or 0.37%, at 10,093.82 shortly after market open.

(Reporting by Devik Jain in Bengaluru; Editing by Arun Koyyur)

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