Stocks open lower on Wall Street, led by drops in technology - News Summed Up

Stocks open lower on Wall Street, led by drops in technology


× Sign Up Today and Support Local Journalism Enjoy more articles from Beatrice's Most Trusted Information Source. Subscribers can log in for unlimited digital access Log in Sign up {{featured_button_text}}NEW YORK (AP) — Wall Street tapped the brakes on its record-setting run Thursday, pulling the S&P 500 down 0.6% in early trading. Technology stocks led the way lower, and the tech-heavy Nasdaq dropped 1.5%. The government reported that the number of Americans applying for unemployment benefits fell to 881,000, which is still a very high number. Most major stock markets and U.S. futures rose Thursday after Wall Street surged to its biggest daily gain since July despite uncertainty about the global outlook.


Source: Daily Sun September 03, 2020 08:26 UTC



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