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Sept. 25, 2020, 9:34 a.m. EDT

Stocks open mostly lower on rising case counts, stimulus stalemate

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By Andrea Riquier

U.S. stocks opened mostly lower Friday morning as investors hunted for a positive catalyst amid an array of headwinds. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.10% lost about 135 points or 0.5% to open near 26,680, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.34% slipped 10 points, 0.3%, opening near 3,237. The Nasdaq Composite /zigman2/quotes/210598365/realtime COMP +0.37% was about 10 points higher, near 10,680, a gain of 0.1%. Stock benchmarks are on track to mark a fourth straight week of losses as concerns grow over the U.S. election, the lack of additional stimulus to support the economy, and rising COVID-19 case counts around the globe. Orders for durable goods rose 0.4% in August, the Commerce Department said Friday, signaling slowing momentum in the economy. Shares of NVIDIA Corporation /zigman2/quotes/200467500/composite NVDA +1.72% rose in early trade after a price-target increase. The chipmaker is the S&P 500 component that's gained the most in the year to date - 110%.

Read the full story:
Dow opens lower on Friday, with stock market looking at fourth straight weekly loss

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
28,335.57
-28.09 -0.10%
Volume: 350.10M
Oct. 23, 2020 5:15p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,465.39
+11.90 +0.34%
Volume: 2.16B
Oct. 23, 2020 5:15p
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/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
11,548.28
+42.28 +0.37%
Volume: 2.88M
Oct. 23, 2020 5:16p
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/zigman2/quotes/200467500/composite
US : U.S.: Nasdaq
$ 543.61
+9.17 +1.72%
Volume: 5.84M
Oct. 23, 2020 4:00p
P/E Ratio
99.70
Dividend Yield
0.12%
Market Cap
$335.80 billion
Rev. per Employee
$882,428
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