US: S&P 500, Nasdaq slip at open as retail earnings kick off

THE S&P 500 and the Nasdaq opened lower on Tuesday(Aug 16) as investors assessed results from retailers Walmart and Home Depot, while signs of a slowing global economy continued to keep markets on edge.

The Dow Jones Industrial Average rose 11.91 points, or 0.04 per cent, at the open to 33,924.35.

The S&P 500 opened lower by 6.68 points, or 0.16 per cent, at 4,290.46, while the Nasdaq Composite dropped 45.41 points, or 0.35 per cent, to 13,082.64 at the opening bell. REUTERS