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

Wall Street opens lower on global growth fears

Image
Reuters
Last Updated : Apr 07 2016 | 7:14 PM IST

(Reuters) - U.S. stocks opened lower on Thursday as investors worried about weak global growth and the uncertainty surrounding the Federal Reserve's plans to hike interest rates this year.

The Dow Jones industrial average was down 67.12 points, or 0.38 percent, at 17,648.93, the S&P 500 was down 7.7 points, or 0.37 percent, at 2,058.96 and the Nasdaq composite was down 27.66 points, or 0.56 percent, at 4,893.06.

(Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Anil D'Silva)

More From This Section

First Published: Apr 07 2016 | 7:03 PM IST

Next Story