US: Wall St opens lower as US-China trade tensions weigh
[NEW YORK] US stocks fell broadly at the open on Tuesday, as Washington's new round of tariffs on some Chinese goods kicked in and after a report that officials from both sides were struggling to decide on the schedule for a meeting this month.
The Dow Jones Industrial Average fell 205.02 points, or 0.78 per cent, at the open to 26,198.26.
The S&P 500 opened lower by 17.45 points, or 0.60 per cent, at 2,909.01. The Nasdaq Composite dropped 56.44 points, or 0.71 per cent, to 7,906.44 at the opening bell.
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
Wall Street bonus rules return to regulatory agenda in third try
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade
Israel hits back, markets react; STI down 0.4%