Wall St. dips amid US protests, China tensions


U.S. stocks opened lower on Monday after a strong showing last month, as investors turned cautious amid country-wide protests over race and a flare-up in tensions between Washington and Beijing.

The spread of the coronavirus disease (COVID-19) in New York

A trader adjusts his mask as he works on the floor of the New York Stock Exchange as the outbreak of the coronavirus disease (COVID-19) continues in the Manhattan borough of New York, U.S., May 28, 2020. REUTERS/Lucas Jackson

REUTERS: U.S. stocks opened lower on Monday after a strong showing last month, as investors turned cautious amid country-wide protests over race and a flare-up in tensions between Washington and Beijing.

The Dow Jones Industrial Average fell 40.12 points, or 0.16per cent, at the open to 25,342.99. S&P 500 fell 11.46 points, or 0.38per cent, at 3,032.85.

The S&P 500 opened lower by 3,044.31 points, or 100.00per cent, at 0.00. The Nasdaq Composite dropped 18.45 points, or 0.19per cent, to 9,471.42 at the opening bell.

(Reporting by Medha Singh in Bengaluru; Editing by Saumyadeb Chakrabarty)



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