U.S. stocks slightly lower at opening as coronavirus response falls short

U.S. stocks dipped at opening on Thursday as a new round of sweeping emergency action from policymakers worldwide failed to convince panic-stricken stock markets that a coronavirus-led global recession could be averted.

The Dow Jones Industrial Average dropped 68.91 points, or 0.35 percent, at the open to 19,830.01. The S&P 500 inched lower by 4.62 points, or 0.19 percent, at 2,393.48.

The Nasdaq Composite rose 6.61 points, or 0.09 percent, to 6,996.45 at the opening bell.

Source: Reuters