You are here

US: Wall Street opens lower as chip stocks, Apple drag


[NEW YORK] The benchmark S&P 500 index and the Nasdaq opened lower after three days of gains on Thursday as technology stocks took a beating from Apple's decline and weakness in chipmakers.

The Dow Jones Industrial Average fell 36.77 points, or 0.15 per cent, at the open to 24,711.30. The S&P 500 opened lower by 7.48 points, or 0.28 per cent, at 2,701.16. The Nasdaq Composite dropped 36.62 points, or 0.50 per cent, to 7,258.62 at the opening bell.


Market voices on: