US STOCKS SNAPSHOT-Wall St opens lower on China tariff blow

Wall Street opened lower on Friday, as China revealed retaliatory tariffs against about $75 billion worth of U.S. goods that intensified trade tensions ahead of a much-anticipated speech by Federal Reserve Chair Jerome Powell.

The Dow Jones Industrial Average fell 118.03 points, or 0.45%, at the open to 26,134.21.

The S&P 500 opened lower by 11.88 points, or 0.41%, at 2,911.07. The Nasdaq Composite dropped 47.74 points, or 0.60%, to 7,943.65 at the opening bell.

Also Read: China unveils retaliatory tariffs on U.S. goods in deepening trade row