Wall St opens 1% lower on growing China virus fears - Reuters

FILE PHOTO: A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 24, 2020. REUTERS/Lucas Jackson

(Reuters) - U.S. stocks opened more than 1% lower on Monday, on concerns about the financial fallout of a fast-spreading coronavirus outbreak in China.

The Dow Jones Industrial Average .DJI fell 447.24 points, or 1.54%, at the open to 28,542.49. The S&P 500 .SPX opened lower by 48.31 points, or 1.47%, at 3,247.16. The Nasdaq Composite .IXIC dropped 222.45 points, or 2.39%, to 9,092.46 at the opening bell.

Reporting by Sruthi Shankar in Bengaluru; Editing by Saumyadeb Chakrabarty

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2020-01-27 12:51:00Z
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