China,United States : US: WallStreet opens lower as China, rate worries weigh

China,United States : US: WallStreet opens lower as China, rate worries weigh

Nov 10, 2018 (Euclid Infotech Ltd via COMTEX) —

US stocks opened lower on Friday, as a batch of weak Chinese data raised concerns about global growth a day after the Federal Reserve hinted at gradual tightening of borrowing costs.

The Dow Jones Industrial Average fell 42.11 points, or 0.16 per cent, at the open to 26,149.11. The S&P 500 opened lower by 12.73 points, or 0.45 per cent, at 2,794.10. The Nasdaq Composite dropped 62.37 points, or 0.83 per cent, to 7,468.51 at the opening bell.

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