Wall Street falls at open as virus cases surge, banks fall

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Wall Street falls at open as virus cases surge, banks fall
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Wall Street set to open lower as banks fall, virus cases surge

FILE PHOTO: Flags hang on the outside of the New York Stock Exchange as the building opens for the first time since March while the outbreak of the coronavirus disease continues in the Manhattan borough of New York, U.S., May 26, 2020. REUTERS/Lucas Jackson

- Wall Street’s main indexes opened lower on Friday as the United States set a new record for a one-day increase in coronavirus cases and bank stocks fell following the Federal Reserve’s move to cap shareholder payouts.The S&P 500

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