US: Wall St starts 2016 in the red after China rout
Published Mon, Jan 4, 2016 · 02:50 PM
[NEW YORK] US stocks opened sharply lower on the first trading day of 2016 after lackluster Chinese economic data rekindled worries of slowing global growth.
The Dow Jones industrial average fell 190.14 points, or 1.09 per cent, to 17,234.89, the S&P 500 lost 23.48 points, or 1.15 per cent, to 2,020.46 and the Nasdaq Composite index dropped 111.48 points, or 2.23 per cent, to 4,895.93.
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
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
Hong Kong regulator brings insider trading charges against Segantii and its founder
Asia markets mixed after Fed leaves rates unchanged; STI rises 0.1%
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%