Business Standard

Wall Street opens lower on global growth fears

Image

Reuters

(Reuters) - U.S. stocks opened lower on Thursday as investors worried about weak global growth and the uncertainty surrounding the Federal Reserve's plans to hike interest rates this year.

The Dow Jones industrial average was down 67.12 points, or 0.38 percent, at 17,648.93, the S&P 500 was down 7.7 points, or 0.37 percent, at 2,058.96 and the Nasdaq composite was down 27.66 points, or 0.56 percent, at 4,893.06.

(Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Anil D'Silva)

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

First Published: Apr 07 2016 | 7:03 PM IST

Explore News