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Wall Street Opens Divided After Further Contamination

The stock exchanges in New York started trading on Thursday. The mood among investors on Wall Street is depressed by a record number of new coronavirus infections in the United States.


Furthermore, the focus is on figures on weekly benefit claims and inflation in the US.

Shortly after the opening bell, the Dow Jones index recorded 0.5 percent lower at 29,259 points. The broad S&P 500 lost 0.4 percent to 3558 points, and technology gauge Nasdaq rose 0.1 percent to 11,804 points.

142,279 new infections were registered in the US on Wednesday. It’s the eighth day in a row that more than 100,000 new corona cases have been identified, Reuters news agency calculated.

The death toll rose by 1,464. About 10.4 million infections and nearly 242,000 deaths have been reported in the US since the start of the pandemic. The country is thus leading the list of countries that have been most affected by the virus according to official figures.

Companies that are sensitive to the developments around corona opened in the minus. It concerns, for example, airlines such as American Airlines and United Airlines, but also cruise lines such as Carnival and Royal Caribbean Cruises, which were down almost 3 percent.

Tech companies such as Amazon and Microsoft actually went up slightly because they can benefit from online shopping and working from home in corona time.

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