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US: Wall St opens lower on trade woes, tech drop

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US stocks opened lower on Monday, led by declines in technology stocks and as the latest round of US-China tariffs took effect.

[NEW YORK] US stocks opened lower on Monday, led by declines in technology stocks and as the latest round of US-China tariffs took effect.

The Dow Jones Industrial Average fell 38.25 points, or 0.14 per cent, at the open to 26,705.25.

The S&P 500 opened lower by 7.84 points, or 0.27 per cent, at 2,921.83. The Nasdaq Composite dropped 47.57 points, or 0.60 per cent, to 7,939.38 at the opening bell.

REUTERS

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