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Wall Street slips at open on Turkey turmoil

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Reuters
Last Updated : Aug 10 2018 | 7:25 PM IST

(Reuters) - U.S. stocks opened lower on Friday as a plunging Turkish lira rattled global markets due to concerns over the country's economy and a deepening rift with the United States.

The Dow Jones Industrial Average fell 108.04 points, or 0.42 percent, at the open to 25,401.19. The S&P 500 opened lower by 13.94 points, or 0.49 percent, at 2,839.64. The Nasdaq Composite dropped 57.07 points, or 0.72 percent, to 7,834.71 at the opening bell.

(Reporting by Amy Caren Daniel in Bengaluru)

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First Published: Aug 10 2018 | 7:13 PM IST

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