US: Wall St opens lower on tariff jitters; Tesla down on Musk's political plans

[NEW YORK] Wall Street’s main indexes opened lower on Monday (Jul 7) as tariff tensions kept investors on edge, while Tesla shares slid after CEO Elon Musk announced his plans to launch a political party.

The Dow Jones Industrial Average fell 25.2 points, or 0.06 per cent, at the open to 44,803.36.

The S&P 500 fell 20.3 points, or 0.32 per cent, at the open to 6,259.04​, while the Nasdaq Composite dropped 110.6 points, or 0.54 per cent, to 20,490.55 at the opening bell. REUTERS