The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri
(Reuters) – Wall Street fell at the open on Monday as energy shares took a hit from a crash in oil prices, with investors bracing for a week packed with earnings reports and economic data that could provide more evidence of the damage wrought by the coronavirus.
The Dow Jones Industrial Average .DJI fell more than 2% minutes after opening down 147.39 points, or 0.61%, at 24,095.10.
The S&P 500 .SPX opened lower by 28.94 points, or 1.01%, at 2,845.62, while the Nasdaq Composite .IXIC dropped 96.77 points, or 1.12%, to 8,553.38 at the opening bell.
Reporting by C Nivedita in Bengaluru; Editing by Anil D’Silva