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US: Wall St opens lower as global growth concerns linger

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US stocks opened lower on Thursday on lingering concerns about global economic growth and ahead of a speech by Federal Reserve Chair Janet Yellen on inflation.

[NEW YORK] US stocks opened lower on Thursday on lingering concerns about global economic growth and ahead of a speech by Federal Reserve Chair Janet Yellen on inflation.

The Dow Jones industrial average fell 116.92 points, or 0.72 per cent, to 16,162.97. The S&P 500 lost 11.81 points, or 0.61 per cent, to 1,926.95 and the Nasdaq composite dropped 35.32 points, or 0.74 per cent, to 4,717.42.

REUTERS