Wall Street sinks at open as coronavirus fears prompt California emergency

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Coronavirus fears looked set to drive another steep drop for U.S. stock markets on Thursday after California declared an emergency, while airlines ...

REUTERS: U.S. stock indexes opened sharply lower on Thursday as deaths from the coronavirus rose in the United States, forcing California to declare a state of emergency, while crippled travel demand hit airline stocks.

The Dow Jones Industrial Average fell 418.94 points, or 1.55per cent, at the open to 26,671.92. The S&P 500 opened lower by 54.42 points, or 1.74per cent, at 3,075.70. The Nasdaq Composite dropped 228 points, or 2.53per cent, to 8,790.09 at the opening bell.

 

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