Wall Street opens lower weighed by tech stocks
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., July 31, 2018. REUTERS/Lucas Jackson
REUTERS: U.S. stocks opened lower on Thursday, after technology stocks fell, as fears of a trade war between the United States and China were sparked after President Donald Trump proposed 25 percent tariffs on US$200 billion worth of Chinese imports.The Dow Jones Industrial Average fell 77.37 points, or 0.31 percent, at the open to 25,256.45.
The S&P 500 opened lower by 12.88 points, or 0.46 percent, at 2,800.48. The Nasdaq Composite dropped 47.76 points, or 0.62 percent, to 7,659.52 at the opening bell.
(Reporting by Amy Caren Daniel in Bengaluru; Editing by Shounak Dasgupta)
Source : https://www.channelnewsasia.com/news/business/wall-street-opens-lower-weighed-by-tech-stocks-10583988