US: Wall Street slips at open on escalating US-China tensions

[NEW YORK] Wall Street's three main indices opened lower on Wednesday on concerns that increasing political strain between Washington and Beijing could derail trade negotiations between the two sides.

The Dow Jones Industrial Average fell 54.47 points, or 0.19 per cent, at the open to 27,879.55.

The S&P 500 opened lower by 5.52 points, or 0.18 per cent, at 3,114.66. The Nasdaq Composite dropped 27.09 points, or 0.32 per cent, to 8,543.57 at the opening bell. 

REUTERS