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Wall Street tumbles at open on virus concerns

FILE PHOTO: Statue of George Washington at Federal Hall across Wall Street from New York Stock Exchange in New York
A statue of George Washington stands as Federal Hall across Wall Street from the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020.
REUTERS/Mike Segar

By Ambar Warrick, Reuters

U.S. stocks opened lower on Monday as a new strain of the coronavirus in Britain raised fears of further economic disruptions.

The Dow Jones Industrial Average fell 20.05 points, or 0.07%, at the open to 30,159.00. The S&P 500 opened lower by 25.13 points, or 0.68%, at 3,684.28. The Nasdaq Composite dropped 159.49 points, or 1.25%, to 12,596.14 at the opening bell.