Wall St. opens lower after weak U.S. retail sales data

© Reuters. Traders work on the floor at the NYSE in New York

(Reuters) – U.S. stocks pared losses on Wednesday after U.S. President Donald Trump decided to delay tariffs on auto imports by up to six months.

Sentiment was earlier hurt by a clutch of weak economic data from the United States and China that sparked worries of slowing global growth.

At 10:21 a.m. ET the was down 68.16 points, or 0.27%, at 25,463.89, the was down 2.12 points, or 0.07%, at 2,832.29 and the was up 18.00 points, or 0.23%, at 7,752.50.

When markets opened, the Dow fell 131.92 points, or 0.52%, to 25,400.13. The S&P 500 was lower by 14.03 points, or 0.49%, at 2,820.38 and the Nasdaq dropped 51.69 points, or 0.67%, to 7,682.80.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More Here...

Bookmark the permalink.