June 4, 2020 / 1:35 PM / a month ago

US STOCKS SNAPSHOT-Wall Street opens lower as rally loses steam

June 4 (Reuters) - U.S. stocks opened lower on Thursday as a rally fueled by hopes of an economic rebound from a coronavirus-led downturn ran out of steam even with weekly jobless claims dipping below 2 million for the first time since mid-March.

The Dow Jones Industrial Average fell 43.40 points, or 0.17%, at the open to 26,226.49.

The S&P 500 opened lower by 11.31 points, or 0.36%, at 3,111.56. The Nasdaq Composite dropped 33.26 points, or 0.34%, to 9,649.65 at the opening bell. (Reporting by Devik Jain in Bengaluru; editing by Uttaresh.V)

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