US stocks down premarket ahead of earnings

Thursday, 22. October 2020 10:19

Shares on the major stock market indexes in the United States traded lower in the premarket on Thursday as the investors awaited a batch of earnings reports for the third quarter of fiscal 2020 scheduled for release later in the day.

Traders will also keep a watchful eye on the developments in the negotiations between the White House and the House Democrats on the latest installment of the coronavirus relief package.

The Dow Jones Industrial Average dropped 0.27% at 4:18 am ET, while the Nasdaq 100 declined by 0.08% at the same time. A minute later, the S&P 500 lost 0.21%. The euro dipped 0.11% versus the dollar, selling for $1.18471 at 4:20 am ET.

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Breaking the News / BU