US stocks open slightly higher on relief bill news

Monday, 20. July 2020 15:30

Stock markets in the United States started the first trading session of the week slightly higher amid reports that the Senate Majority Leader Mitch McConnell is readying to unveil a $1 trillion coronavirus relief bill this week. Meanwhile, in business news, Halliburton Co. said its revenue in the second quarter fell 46% to $3.2 billion.

The Dow Jones Industrial Average and the S&P 500 began flat at the opening bell, only to slide into the red territory shortly after. Walgreens Boots Alliance was the worst performer on the first index, while Align Technology lost the most on the second. The Nasdaq 100 increased 0.26%, with Citrix Systems Inc. growing 2.55%.

The euro was flat against the dollar at 9:29 am ET, selling for $1.14259.

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Author:
Breaking the News / MD