Business Standard

Wall Street drops at open on growth fears

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Reuters

(Reuters) - U.S. stocks opened sharply lower on Friday as weak economic data from China and Europe exacerbated global growth fears and added to nerves over the U.S.-China trade talks.

The Dow Jones Industrial Average fell 189.34 points, or 0.77 percent, at the open to 24,408.04.

The S&P 500 opened lower by 20.86 points, or 0.79 percent, at 2,629.68. The Nasdaq Composite dropped 83.96 points, or 1.19 percent, to 6,986.37 at the opening bell.

(Reporting by Medha Singh in Bengaluru; Editing by Sriraj Kalluvila)

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First Published: Dec 14 2018 | 8:08 PM IST

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