US stock markets start flat as Iran crisis continues

Wednesday, 08. January 2020 15:30

Stocks on Wall Street started trading slightly lower on Wednesday following the last night's Iranian attack on the United States military positions in Iraq. Reportedly, there were no US casualties in the two strikes. While the attacks unfolded, a Boeing 737 plane operated by a Ukrainian airline crashed near Tehran. Meanwhile, on data, Automatic Data Processing reported employment rose by 202,000 in December.

The Dow Jones Industrial Average dropped 0.10% at the opening bell, as Boeing Co. slipped 1.79%. The Nasdaq 100 and the S&P 500 were both unchanged at the same time. Walgreens Boots Alliance Inc. was the worst performer on the Nasdaq, falling 5.26%, while Albemarle Corp. decreased 2.18% on the S&P.

The euro lost 0.17% against the dollar at 9:29 am ET, selling for $1.11248, while the pound stood unchanged at $1.31256 concurrently.

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Breaking the News / MD