Wall Street tumbles at open on fear over fresh virus cases

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Wall Street tumbles at open on fear over fresh virus cases
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U.S. stock index futures tumbled on Monday as a recent jump in coronavirus cases in China and parts of the United States doused investor hopes of ...

REUTERS: U.S.

stocks opened sharply lower on Monday as a resurgence in new coronavirus cases in China and parts of the United States dampened hopes of a swift economic revival that drove the Nasdaq to record highs last week.AdvertisementThe S&P 500 opened lower by 47.55 points, or 1.56per cent, at 2,993.76. The Nasdaq Composite dropped 161.91 points, or 1.69per cent, to 9,426.90 at the opening bell.

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