FILE PHOTO: A dealer works on the ground of the New York Inventory Alternate shortly after the opening bell in New York, U.S., January 24, 2020. REUTERS/Lucas Jackson
(Reuters) – U.S. shares opened greater than 1{5048a9ac22a95e6c0a00d427d71a0d7ff263f9d98391fe7073acb5a0aa0a3f48} decrease on Monday, on issues concerning the monetary fallout of a fast-spreading coronavirus outbreak in China.
The Dow Jones Industrial Common .DJI fell 447.24 factors, or 1.54{5048a9ac22a95e6c0a00d427d71a0d7ff263f9d98391fe7073acb5a0aa0a3f48}, on the open to 28,542.49. The S&P 500 .SPX opened decrease by 48.31 factors, or 1.47{5048a9ac22a95e6c0a00d427d71a0d7ff263f9d98391fe7073acb5a0aa0a3f48}, at 3,247.16. The Nasdaq Composite .IXIC dropped 222.45 factors, or 2.39{5048a9ac22a95e6c0a00d427d71a0d7ff263f9d98391fe7073acb5a0aa0a3f48}, to 9,092.46 on the opening bell.
Reporting by Sruthi Shankar in Bengaluru; Modifying by Saumyadeb Chakrabarty