The Business Times

US: Wall Street drops as trade worries weigh; Fed looms

Published Tue, Jul 30, 2019 · 01:48 PM
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[NEW YORK] US stocks opened lower on Tuesday with technology stocks leading declines, as investors were worried over the US-China trade dispute ahead of a highly anticipated Federal Reserve meeting.

The Dow Jones Industrial Average fell 75.96 points, or 0.28 per cent, at the open to 27,145.39.

The S&P 500 opened lower by 13.31 points, or 0.44 per cent, at 3,007.66. The Nasdaq Composite dropped 61.56 points, or 0.74 per cent, to 8,231.77 at the opening bell.

REUTERS

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