Business Standard

Wall Street opens lower as oil prices weigh

Image

Reuters

REUTERS - Wall Street opened lower on Monday as oil prices plunged towards six-year lows and data indicated manufacturing activity in New York state contracted in August.

The Dow Jones industrial average fell 130.18 points, or 0.74 percent, to 17,347.22, the S&P 500 lost 11.75 points, or 0.56 percent, to 2,079.79 and the Nasdaq composite dropped 25.61 points, or 0.51 percent, to 5,022.62.

(Reporting by Sai Sachin R in Bengaluru; Editing by Savio D'Souza)

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

First Published: Aug 17 2015 | 7:08 PM IST

Explore News