U.S. stocks opened lower on Thursday, pulling back from record levels set in the previous session, after China reported a large jump in new virus cases after it changed its methodology for measuring the outbreak. The Dow Jones Industrial Average fell 180 points, or 0.6%, to 29,372, while the S&P 500 was off 0.5% at 3,364. The Nasdaq Composite declined 56 points, or 0.6%, to 9,670.. Shares of electric car maker Tesla Inc. (TSLA) were down 2.1% after it said it was planning to offer about $2 billion of common stock ( ) in an underwritten deal.
-William L. Watts; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
February 13, 2020 09:49 ET (14:49 GMT)
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