You are here

US: Wall Street opens lower

file729osspfmdhul9f5h0r.jpg
US stocks opened lower on Friday, as techology companies suffered sharp losses following disappointing forecasts from chip companies Nvidia and Applied Materials.

[NEW YORK] US stocks opened lower on Friday, as techology companies suffered sharp losses following disappointing forecasts from chip companies Nvidia and Applied Materials.

The Dow Jones Industrial Average fell 95 points, or 0.3%, to 25194 shortly after the opening bell. The S&P 500 shed 0.4% and the Nasdaq Composite declined 0.9%.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes