US: Stocks open lower on weak retail data; Cisco drags
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
[BENGALURU] US stocks opened lower on Friday, weighed down by weak October retail sales data and disappointing forecasts from department store chains as well as Cisco.
About 30 minutes after the opening bell, the Dow Jones industrial average fell 120 points, or 0.68 per cent, to 17,324. The S&P 500 lost 13 points, or 0.63 per cent, to 2,033 and the Nasdaq Composite dropped 42 points, or 0.84 per cent, to 4,964.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
