US STOCKS SNAPSHOT-Wall Street slumps at open as investors seek safety

US STOCKS SNAPSHOT-Wall Street slumps at open as investors seek safety
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  • Country:
  • United States

U.S. stocks opened lower on Wednesday, as investors sought safety in gold and government bonds on worries about the impact of a long-drawn U.S.-China trade war on global growth.

The Dow Jones Industrial Average fell 215.30 points, or 0.83%, at the open to 25,814.22.

The S&P 500 opened lower by 23.12 points, or 0.80%, at 2,858.65. The Nasdaq Composite dropped 85.99 points, or 1.10%, to 7,747.27 at the opening bell.

Also Read: GLOBAL MARKETS-Asia stocks hit 6-mth low as investors flee to safety, yuan slumps

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