The Business Times

US: Wall St opens lower on trade truce doubts, bond market nerves

Published Tue, Dec 4, 2018 · 02:54 PM

[NEW YORK] US stocks opened lower on Tuesday, as investors turned skeptical of the chances of a breakthrough in the US-China trade talks, while a flattening US yield curve raised fears of a slowing domestic economy.

The Dow Jones Industrial Average fell 73.87 points, or 0.29 per cent, at the open to 25,752.56.

The S&P 500 opened lower by 7.94 points, or 0.28 per cent, at 2,782.43. The Nasdaq Composite dropped 33.57 points, or 0.45 per cent, to 7,407.95 at the opening bell.

REUTERS

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