US: Wall St opens lower on Apple concerns, trade uncertainties

[NEW YORK] US stocks opened lower on Monday as shares of Apple and its suppliers were hit by ongoing concerns of slowing demand for iPhones, while conflicting signals of a potential truce in the China-US trade dispute added to market jitters.

The Dow Jones Industrial Average fell 20.61 points, or 0.08 per cent, at the open to 25,392.61. The S&P 500 opened lower by 5.53 points, or 0.20 per cent, at 2,730.74. The Nasdaq Composite dropped 30.63 points, or 0.42 per cent, to 7,217.24 at the opening bell.

REUTERS