4/30, 2:10 PM (Source: TeleTrader)
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Dow drops 150 points in premarket trading

Shares on Wall Street dipped further in premarket trading on Friday with the Dow Jones sinking 150 points ahead of the month's final session.

Exceeding expectations, oil companies Chevron and Exxon Mobil returned to profit in the first quarter of 2021, according to their latest earnings reports released earlier. In other news, the European Union's antitrust regulators charged Apple for anti-competitive practices over its music streaming service.

The Dow Jones lost 150 points at 7:57 am ET. At the same time, the S&P 500 slipped 0.50% while the Nasdaq 100 fell 0.65%. The euro was down 0.31% against the dollar at 8:10 am ET, going for 1.20818.

Breaking the News / JC