US: Wall St falls as US-China trade spat intensifies
[NEW YORK] US stocks fell at the open on Monday as a trade dispute between the United States and China intensified following Beijing's retaliation to tariffs imposed by President Donald Trump.
The Dow Jones Industrial Average fell 208.44 points, or 0.83 per cent, at the open to 24,882.04. The S&P 500 opened lower by 18.55 points, or 0.68 per cent, at 2,761.11. The Nasdaq Composite dropped 53.82 points, or 0.69 per cent, to 7,692.55 at the opening bell.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Asia: Stocks rise as Federal Reserve tamps down hike fears; yen leaps
Japanese companies struggle with yen’s continued weakness
Singapore stocks open stronger on Thursday; STI up 0.5%
Stocks to watch: DBS, Olam, Parkway Life Reit, Japfa, CSE Global
Europe: UK’s FTSE 100 slips ahead of Fed outcome, energy stocks weigh
US: Stocks end mostly lower in volatile reaction to Federal Reserve