Wall Street down premarket, Dow loses over 150 pts

Friday, 21. February 2020 10:26

Equities in the United States traded lower premarket, as investors are still monitoring the coronavirus outbreak, with China's National Health Commission reported an increase of infected people to 75,465. At the same time, the worldwide death toll reached 2,247 cases. On the economic front, flash manufacturing and services PMI (Purchasing Managers' Index) statistics for the month of February are due at 9:45 am ET, while January existing home sales numbers are expected at 10 am ET on Friday.

The Dow Jones dropped 0.53%, the Nasdaq 100 lost 0.70%, while the S&P 500 traded 0.52% lower at 10:30 am ET.

Euro gained 0.24% against the dollar, selling for $1.08163 at 10:32 am ET.

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Breaking the News / BJ