US stocks open lower as investors cautious over corporate earnings
- Country:
- United States
U.S. stocks opened lower on Monday, pausing after the S&P 500's seven-day winning streak, as investors braced for what could be the first decline in corporate earnings since 2016 and a drop in Boeing Co's shares hit the Dow industrials.
The Dow Jones Industrial Average fell 112.32 points, or 0.43%, at the open to 26,312.67. The S&P 500 opened lower by 4.28 points, or 0.15%, at 2,888.46. The Nasdaq Composite dropped 7,938.69 points, or 100.00%, to 0.00 at the opening bell.
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