The Business Times

US: Wall St opens lower amid geopolitical tensions, trade worries

Published Tue, Aug 13, 2019 · 01:47 PM

[NEW YORK] US stocks opened lower on Tuesday, tracking a global shift out of riskier assets, as investors grappled with simmering geopolitical tensions and fears of a recession due to a drawn-out U.S.-China trade war.

The Dow Jones Industrial Average fell 8.83 points, or 0.03 per cent, at the open to 25,888.88.

The S&P 500 opened lower by 2.37 points, or 0.08 per cent, at 2,880.72. The Nasdaq Composite dropped 8.04 points, or 0.10per cent, at 7,855.37 after market open.

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here