Business Standard

Wall Street opens sharply lower as oil drops

The S&P 500 was down 11.37 points, or 0.54%, at 2,104.11

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.

Reuters

Wall Street opened lower for the second straight day on Friday as oil prices continued to fall, pressuring energy stocks amid investor worries of risks to global economic growth.

The Dow Jones Industrial Average was down 84.85 points, or 0.47%, at 17,900.34.

The S&P 500 was down 11.37 points, or 0.54%, at 2,104.11.

The Nasdaq Composite was down 42.10 points, or 0.85%, at 4,916.51.

 

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First Published: Jun 10 2016 | 8:06 PM IST

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