You are here

US: Wall St slips at open after Morgan Stanley results

doc73offzyu1hgg1jrccnx_doc73mwamuq7r9ky1pilji.jpg
US stocks dipped at open on Thursday, retreating from one-month highs, hit by losses in financial stocks after Morgan Stanley's weak results and energy shares hurt by a drop in oil prices.

[NEW YORK] US stocks dipped at open on Thursday, retreating from one-month highs, hit by losses in financial stocks after Morgan Stanley's weak results and energy shares hurt by a drop in oil prices.

The Dow Jones Industrial Average fell 60.07 points, or 0.25 per cent, at the open to 24,147.09.

The S&P 500 opened lower by 6.82 points, or 0.26 per cent, at 2,609.28. The Nasdaq Composite dropped 24.56 points, or 0.35 per cent, to 7,010.13 at the opening bell.

REUTERS

sentifi.com

Market voices on: