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US: Wall St opens lower as yields, global growth concerns weigh

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US stocks opened lower on Tuesday, pressured by rising yields and after the International Monetary Fund cut its global growth forecasts, squarely blaming the Sino-US trade war.

[BENGALURU] US stocks opened lower on Tuesday, pressured by rising yields and after the International Monetary Fund cut its global growth forecasts, squarely blaming the Sino-US trade war.

The Dow Jones Industrial Average fell 17.59 points, or 0.07 per cent, at the open to 26,469.19.

The S&P 500 opened lower by 1.92 points, or 0.07 per cent, at 2,882.51. The Nasdaq Composite dropped 7.44 points, or 0.10 per cent, to 7,728.51 at the opening bell. 

REUTERS

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