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US markets head lower in opening trade

Monday, August 31, 2015 - 21:44
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US stocks opened slightly higher Thursday as markets remained volatile on concerns about global growth and the prospect of a Federal Reserve interest rate hike.

[NEW YORK] US stocks fell modestly in opening trade Monday, after surviving last week's extreme China-driven turmoil with net gains.

Five minutes into trade, the Dow Jones Industrial Average was down 0.56 per cent, while the S&P 500 lost 0.46 per cent, and the Nasdaq Composite gave up 0.30 per cent.

AFP