US: Wall St opens lower weighed by tech stocks
[NEW YORK] US stocks opened lower on Thursday, after technology stocks fell, as fears of a trade war between the United States and China were sparked after President Donald Trump proposed 25 per cent tariffs on US$200 billion worth of Chinese imports.
The Dow Jones Industrial Average fell 77.37 points, or 0.31 per cent, at the open to 25,256.45.
The S&P 500 opened lower by 12.88 points, or 0.46 per cent, at 2,800.48. The Nasdaq Composite dropped 47.76 points, or 0.62 per cent, to 7,659.52 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
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard