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

Wall Street opens slightly lower on Trump legal woes

Image
Reuters
Last Updated : Aug 22 2018 | 7:15 PM IST

(Reuters) - U.S. stocks opened lower on Wednesday after President Donald Trump's political position was threatened by the criminal convictions of two former advisers and on caution ahead of U.S.-China trade talks and the Federal Reserve's minutes.

The Dow Jones Industrial Average dipped 2.77 points, or 0.01 percent, at the open to 25,825.06. The S&P 500 opened lower by 1.97 points, or 0.07 percent, at 2,860.99. The Nasdaq Composite dropped 15.13 points, or 0.19 percent, to 7,844.04 at the opening bell.

(Reporting by Shreyashi Sanyal in Bengaluru)

Also Read

First Published: Aug 22 2018 | 7:09 PM IST

Next Story