US stocks fall again despite latest central bank moves

Wall Street stocks fell again early Thursday as central banks unveiled new stimulus measures and US jobless claims showed an initial hit from the slowdown generated by the coronavirus outbreak. A few minutes into trading, the Dow Jones Industrial Average was down 1.9 percent to 19,521.0. The broad-based S&P 500 shed 1.6 percent to 2,360.05, […]

Wall Street stocks fell again early Thursday as central banks unveiled new stimulus measures and US jobless claims showed an initial hit from the slowdown generated by the coronavirus outbreak.

A few minutes into trading, the Dow Jones Industrial Average was down 1.9 percent to 19,521.0.

The broad-based S&P 500 shed 1.6 percent to 2,360.05, while the tech-rich Nasdaq Composite Index lost 0.8 percent at 9,384.60.

The losses followed another brutal session on Wall Street that concluded with the Dow’s first close below 20,000 since 2017.

AFP