Wall St opens lower as oil jumps on renewed Mideast concerns

[NEW YORK] Wall Street’s main indexes opened lower on Thursday (May 21) as oil prices surged following a Reuters report that Iran’s Supreme ‌Leader Ayatollah Mojtaba Khamenei ordered the country’s near-weapons-grade uranium not be sent abroad, dimming hopes for progress in talks between Washington and Teheran.

The Dow Jones Industrial Average fell 25.5 points, or 0.05 per cent, at the open to 49,983.8.

The S&P 500 fell 22.2 points, or 0.30 per cent, at the open to 7,410.78​, while the Nasdaq Composite dropped 126.7 points, or 0.48 per cent, to 26,143.616 at the opening bell. REUTERS