WORLD US stocks open lower, pulling back after streak of gains

WORLD

US stocks open lower, pulling back after streak of gains

Xinhua

21:52, June 04, 2020

Wall Street stocks opened lower Thursday as the June rally showed signs of fatigue, while the US reported another jump in joblessness and the European Central Bank unveiled aggressive stimulus.

About five minutes into trading, the Dow Jones Industrial Average stood at 26,210.61, down 0.2 percent.

The broad-based S&P 500 shed 0.4 percent to 3,111.62, while the tech-rich Nasdaq Composite Index slipped 0.2 percent to 9,663.30.

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(Photo: Agencies)

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