Business Standard

Wall Street kicks off September trading on a sombre note

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Reuters

(Reuters) - U.S. stocks opened lower on Tuesday, the first trading day in September, as declines in heavyweights such as Nike and Facebook added to worries over trade negotiations between United States and other major economies.

The Dow Jones Industrial Average fell 48.75 points, or 0.19 percent, at the open to 25,916.07. The S&P 500 opened lower by 4.56 points, or 0.16 percent, at 2,896.96. The Nasdaq Composite dropped 21.58 points, or 0.27 percent, to 8,087.96 at the opening bell.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Sep 04 2018 | 7:38 PM IST

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