US: Wall St opens lower on trade truce doubts, bond market nerves
[NEW YORK] US stocks opened lower on Tuesday, as investors turned skeptical of the chances of a breakthrough in the US-China trade talks, while a flattening US yield curve raised fears of a slowing domestic economy.
The Dow Jones Industrial Average fell 73.87 points, or 0.29 per cent, at the open to 25,752.56.
The S&P 500 opened lower by 7.94 points, or 0.28 per cent, at 2,782.43. The Nasdaq Composite dropped 33.57 points, or 0.45 per cent, to 7,407.95 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
Europe: Shares end higher on tech support; banks slide
US: Stocks rally on cooler hiring numbers
Singapore stocks end week in the red; STI down 0.1%
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
H2G Green chief to stand trial on Aug 5 amid MOM probe
Singapore shares climb at Friday’s open; STI up 0.2%