The Business Times

US: Wall St opens lower as trade tensions escalate

Published Wed, Aug 8, 2018 · 01:48 PM

[NEW YORK] US stocks opened lower on Wednesday after China retaliated to Washington's latest tariffs, clouding a strong showing for corporate earnings.

The Dow Jones Industrial Average fell 13.19 points, or 0.05 per cent, at the open to 25,615.72.

The S&P 500 opened lower by 1.66 points, or 0.06 per cent, at 2,856.79. The Nasdaq Composite dropped 3.66 points, or 0.05 per cent, to 7,880.00 at the opening bell. 

REUTERS

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