US: Wall St slips at open after Morgan Stanley results
[NEW YORK] US stocks dipped at open on Thursday, retreating from one-month highs, hit by losses in financial stocks after Morgan Stanley's weak results and energy shares hurt by a drop in oil prices.
The Dow Jones Industrial Average fell 60.07 points, or 0.25 per cent, at the open to 24,147.09.
The S&P 500 opened lower by 6.82 points, or 0.26 per cent, at 2,609.28. The Nasdaq Composite dropped 24.56 points, or 0.35 per cent, to 7,010.13 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
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%
Stocks to watch: DBS, Olam, Parkway Life Reit, Japfa, CSE Global
Europe: UK’s FTSE 100 slips ahead of Fed outcome, energy stocks weigh
US: Stocks end mostly lower in volatile reaction to Federal Reserve