New York (AFP)
Wall Street opened in the red Thursday after a poor session the day before, weighed down by tech stocks and economic uncertainty.
At 13:45 GMT, its flagship index, the Dow Jones Industrial Average (DJIA), yielded 0.74% to 26,564.81 points and the Nasdaq, with a strong technological coloring, lost 0.55% to 10,574.32 points.
The extended S&P 500 index fell 0.50% to 3,220.68 points.
The New York Stock Exchange fell heavily on Wednesday, weighed down by another turbulent session for the technology sector as well as by political and health uncertainties.
The DJIA had given up 1.92% and the Nasdaq had plunged 3.02%.
The weekly jobless claims figures, released shortly before the opening, disappointed investors.
Unemployment benefit claims rose modestly in the United States to 870,000, contrary to analysts' expectations, suggesting a slower recovery in the labor market.
The New York Stock Exchange continued its momentum from the previous day's losses, as an agreement for a new fiscal stimulus in the United States seems to be deadlocked and health restrictions in the face of the new coronavirus in Europe are causing concern.
Several U.S. Central Bank (Fed) officials, including its chairman Jerome Powell on Wednesday, reiterated it was up to Congress to trigger more budget support measures to encourage continued economic recovery.
"There is a palpable sense of uncertainty regarding the economy, the elections, China, the coronavirus and the evolution of mega-capitalized stocks," said Patrick O'Hare of Briefing.
“Taken together, it all ruins a rebound effort that never really started,” the analyst added.
The shares of Microsoft, Apple and Amazon evolved slightly, Tesla lost 1%.
© 2020 AFP