NEW YORK (Reuters) - U.S. stocks opened lower on Friday, with investors concerned over reports of a regulatory crackdown on over-the-counter margin trading in China, a move that potentially would be negative for a recently flow of money into Chinese exchanges.
The Dow Jones industrial average fell 113.71 points, or 0.63 percent, to 17,992.06, the S&P 500 lost 10.3 points, or 0.49 percent, to 2,094.69 and the Nasdaq Composite dropped 42.52 points, or 0.85 percent, to 4,965.27.
(Reporting by Ryan Vlastelica; Editing by Bernadette Baum)
You’ve reached your limit of 5 free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories
Over 30 subscriber-only stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app