US: Wall Street falls at open on global growth worries
[BENGALURU] US stocks opened lower on Friday after downbeat data from Europe fuelled fears of a slowing global economy following an abrupt dovish turn by the Federal Reserve earlier this week.
The Dow Jones Industrial Average fell 117.86 points, or 0.45 per cent, at the open to 25,844.65.
The S&P 500 opened lower by 10.36 points, or 0.36 per cent, at 2,844.52. The Nasdaq Composite dropped 38.70 points, or 0.49 per cent, to 7,800.25 at the opening bell.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard