Business Standard

Wall Street opens lower after report China may slow U.S. bond buys

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Reuters

(Reuters) - Wall Street's main indexes opened lower on Wednesday, spooked by a report that China is considering slowing or halting purchases of U.S. government debt.

The Dow Jones Industrial Average fell 65.71 points, or 0.26 percent, to 25,320.09. The S&P 500 lost 8.51 points, or 0.309309 percent, to 2,742.78. The Nasdaq Composite dropped 33.98 points, or 0.47 percent, to 7,129.60.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Arun Koyyur)

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First Published: Jan 10 2018 | 8:11 PM IST

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