Wall Boulevard opens decrease as industry fears weigh

Wall Street opens lower as trade fears weigh

(Reuters) - Wall Street’s main indexes opened lower on Monday as a move to curb Chinese investments in U.S. technology firms further raised tensions between the United States and its trading partners.

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 19, 2018. REUTERS/Brendan McDermid

The Dow Jones Industrial Average fell 117.16 points, or 0.48 percent, at the open to 24,463.73. The S&P 500 opened lower by 11.94 points, or 0.43 percent, at 2,742.94. The Nasdaq Composite dropped 61.70 points, or 0.80 percent, to 7,631.12 at the opening bell.

Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta

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Business

November 25, 2018