U.S. Stocks Mixed, Treasuries Drop Amid Reopenings: Markets Wrap

Some New York regions are ready to reopen this week: governor
President Trump urges U.S. back to work; Europe eases curbs

Investors remain “pretty wary” despite the bounce in equity markets, according to Julian Chillingworth, CIO at Rathbones.Markets: European Open.” (Source: Bloomberg)

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By Rita Nazareth and Sarah Ponczek

May 10, 2020 at 9:06 PM UTC

Updated on

May 11, 2020 at 8:33 PM UTC

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U.S. stocks were mixed as traders assessed the latest moves around the globe to relax restrictions amid the coronavirus pandemic.

The S&P 500 was little changed, the Dow Jones Industrial Average fell and the Nasdaq 100 rose for a sixth day -- its longest winning streak this year. The dollar climbed, while Treasuries dropped. Oil erased gains driven by Saudi Arabia’s plan to deepen output cuts.