US stocks struggle in opening hours as trade tensions weigh

Devdiscourse News Desk | United States

Updated: 17-05-2019 19:26 IST | Created: 17-05-2019 19:04 IST

U.S. stocks opened lower on Friday, following a three-day run of gains, as trade worries returned after Chinese media took a hard stance on the tariff dispute between the United States and China.

The Dow Jones Industrial Average fell 142.73 points, or 0.55%, at the open to 25,719.95. The S&P 500 opened lower by 17.72 points, or 0.62%, at 2,858.60. The Nasdaq Composite dropped 69.01 points, or 0.87%, to 7,829.03 at the opening bell.

(With inputs from agencies.)

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