Business Standard

Wall Street opens lower after two-day rally

The Dow Jones industrial average fell 76.74 points, or 0.46%

A Wall St. sign is seen outside the entrance of the New York Stock Exchange in New York's financial district

Reuters

Wall Street opened lower on Friday, suggesting investors were wary of taking big positions into the weekend after days of tumultuous trading that featured both the market's worst day in four years and biggest two-day gain since the financial crisis.

The Dow Jones industrial average fell 76.74 points, or 0.46 percent, to 16,578.03, the S&P 500 lost 7.1 points, or 0.36 percent, to 1,980.56 and the Nasdaq composite dropped 18.99 points, or 0.39 percent, to 4,793.72.

 

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 28 2015 | 7:04 PM IST

Explore News