The Business Times

US: Stocks open lower as crude retreats

Published Wed, Dec 30, 2015 · 02:41 PM

[BENGALURU] US stocks opened slightly lower on Wednesday as crude oil gave up Tuesday's gains after forecasts indicated cold weather in Europe and the United States would be short-lived.

The Dow Jones industrial average fell 12.91 points, or 0.07 per cent, to 17,708.07, the S&P 500 lost 2.22 points, or 0.11 per cent, to 2,076.14 and the Nasdaq Composite index dropped 6.33 points, or 0.12 per cent, to 5,101.61.

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here