Business Standard

Wall Street opens lower on renewed trade war concerns

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Reuters

(Reuters) - U.S. stocks slipped at the open on Thursday on worries of a looming trade war with the European Union that outweighed optimism over renewed efforts in Italy to form a government.

The Dow Jones Industrial Average fell 46.99 points, or 0.19 percent, at the open to 24,620.79. The S&P 500 opened lower by 3.03 points, or 0.11 percent, at 2,720.98. The Nasdaq Composite dropped 6.87 points, or 0.09 percent, to 7,455.58 at the opening bell.

(Reporting by Medha Singh in Bengaluru)

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First Published: May 31 2018 | 7:21 PM IST

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