U.S. stock indexes fell to start Monday trade as investors contended with heightened rhetoric between the U.S. and China and signs of rising cases.
U.S. stock indexes fell to start Monday trade as investors contended with heightened rhetoric between the U.S. and China and signs of rising cases as economies here and elsewhere attempting to reopen their economies seized by a viral outbreak. The Dow Jones Industrial Average DJIA, -0.93% was down 246 points, or 1%, at 24,100, the S&P 500 index SPX, -0.69% declined 0.9% at 2,904, while Nasdaq Composite Index COMP, -0.15% retreated 0.7% at 9,056.
were in focus after founder Elon Musk on Saturday tweeted he would move the Silicon Valley car maker's headquarters and operations out of California as the company's main car-making factory remains closed due to the pandemic. Musk also followed through on a threat to sue Alameda County, where its Fremont plant is located.
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