US: Wall St opens lower as global bond rout weighs

[NEW YORK] US stocks dipped at the open on Thursday after a persistent selloff in the global bond markets overshadowed slightly better-than-expected US jobless claims data.

The Dow Jones industrial average fell 84.88 points, or 0.47 per cent, to 17,991.39, the S&P 500 lost 9.51 points, or 0.45 per cent, to 2,104.56 and the Nasdaq Composite dropped 25.36 points, or 0.5 per cent, to 5,073.87.

REUTERS