Wall St opens 1% decrease on rising China virus fears

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% 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%, on the open to 28,542.49. The S&P 500 .SPX opened decrease by 48.31 factors, or 1.47%, at 3,247.16. The Nasdaq Composite .IXIC dropped 222.45 factors, or 2.39%, to 9,092.46 on the opening bell.

Reporting by Sruthi Shankar in Bengaluru; Modifying by Saumyadeb Chakrabarty

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