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US: Wall St opens lower as oil rally falters

Tuesday, February 23, 2016 - 22:46


[NEW YORK] US stocks were lower at the open on Tuesday, struggling to sustain a rally yet again, after oil prices resumed their declines.

The Dow Jones industrial average fell 47.46 points, or 0.29 per cent, to 16,573.2, the S&P 500 lost 6.57 points, or 0.34 per cent, to 1,938.93 and the Nasdaq Composite index dropped 21.08 points, or 0.46 per cent, to 4,549.53.


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