The Business Times

US: Wall Street opens lower as trade worries weigh

Published Fri, May 17, 2019 · 01:42 PM
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[NEW YORK] US stocks opened lower on Friday, following a three-day run of gains, as trade worries returned after Chinese media took a hard stance on the tariff dispute between the United States and China.

The Dow Jones Industrial Average fell 142.73 points, or 0.55 pwer cent, at the open to 25,719.95. The S&P 500 opened lower by 17.72 points, or 0.62 per cent, at 2,858.60. The Nasdaq Composite dropped 69.01 points, or 0.87 per cent, to 7,829.03 at the opening bell.

REUTERS

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