US markets drop premarket, Dow loses over 250 pts

Montag, 26. Juli 2021 10:11

Major stock indexes in the United States were in the red premarket on Monday with this week's earnings, which include the country's largest tech companies, in focus. Meanwhile, tensions between Washington and Bejing were on the rise again as China criticized the US for undermining international law and order.

The Dow Jones Industrial Average dropped 0.80%, or 280 points at 4:12 am ET, while the Nasdaq 100 slid 0.37%, or 55 points, at the same time. The S&P 500 was down 26 points, or 0.60%.

The euro traded flat against the greenback at 4:12 am ET, selling for 1.17702 dollars.

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