Don’t miss the latest developments in business and finance.

Wall Street opens lower as tech stocks fall

Image
Reuters
Last Updated : Dec 06 2017 | 8:15 PM IST

(Reuters) - U.S. stock indexes opened lower on Wednesday as technology stocks declined on concerns over stretched valuations and the impact of a U.S. tax reform on corporate earnings.

The Dow Jones Industrial Average fell 11.75 points, or 0.05 percent, to 24,168.89. The S&P 500 lost 3.81 points, or 0.144891 percent, to 2,625.76. The Nasdaq Composite dropped 20.75 points, or 0.31 percent, to 6,741.46.

(Reporting by Rama Venkat Raman in Bengaluru; Editing by Arun Koyyur)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Dec 06 2017 | 8:04 PM IST

Next Story