S&P 500, Dow extend longest losing spree in a year

FILE PHOTO: A worker cleans the floor of the New York Stock Exchange (NYSE) , U.S., March 20, 2020. REUTERS/Lucas Jackson/File Photo

(Reuters) – The S&P 500 and the Dow opened lower on Friday, extending their longest losing spree in a year as fears about the outlook for the economy in a future still dominated by the coronavirus weighed on investor sentiment.

The Dow Jones Industrial Average fell 120.93 points, or 0.45%, at the open to 26,694.51, while the S&P 500 opened lower by 9.93 points, or 0.31%, at 3,236.66.

The Nasdaq Composite gained 8.19 points, or 0.08%, to 10,680.46 at the opening bell.

Reporting by Devik Jain in Bengaluru; Editing by Arun Koyyur