July 7, 2020 / 1:38 PM / a month ago

US STOCKS SNAPSHOT-Wall St opens lower after five-day rally as virus cases surge

July 7 (Reuters) - U.S. stocks slipped at the open on Tuesday following the S&P 500 and the Nasdaq’s five-day rally, as investors weighed the risks to the economy from tens of thousands of new coronavirus cases nationwide.

The Dow Jones Industrial Average fell 115.02 points, or 0.44%, at the open to 26,172.01. The S&P 500 opened lower by 13.28 points, or 0.42%, at 3,166.44, while the Nasdaq Composite dropped 21.19 points, or 0.20%, to 10,412.46 at the opening bell. (Reporting by C Nivedita; Editing by Maju Samuel)

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