The Business Times

US: Wall St slips at open as weak China data sparks slowdown fears

Published Mon, Aug 15, 2022 · 10:07 PM

WALL Street's main indexes opened lower on Monday (Aug 15), mirroring global markets, after weak economic data from China rekindled fears of an economic slowdown in the world's second-largest economy.

The Dow Jones Industrial Average fell 50.35 points, or 0.15 per cent, at the open to 33,710.70.

The S&P 500 opened lower by 10.78 points, or 0.25 per cent, at 4,269.37, while the Nasdaq Composite dropped 50.56 points, or 0.39 per cent, to 12,996.63 at the opening bell. REYTERS

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