You are here

US: Wall St opens lower after lenders reject Greek plan

NYSEREUTERS0606.jpg

[NEW YORK] US stocks opened lower on Wednesday after Greece's lenders rejected the country's proposals, even as data showed a smaller-than-expected contraction in the US economy in the first quarter.

The Dow Jones industrial average fell 53.65 points, or 0.3 per cent, to 18,090.42, the S&P 500 lost 3.8 points, or 0.18 per cent, to 2,120.4 and the Nasdaq Composite dropped 10.09 points, or 0.2 per cent, to 5,150.00.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes