The Business Times

US : Wall St opens marginally lower on oil slump

Published Fri, May 25, 2018 · 01:46 PM
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[NEW YORK] US stocks opened slightly lower on Friday following a steep drop in oil prices and disappointing corporate results that soured sentiment at the end of a week dominated by concerns over North Korea and trade tensions with China.

The Dow Jones Industrial Average fell 30.47 points, or 0.12 per cent, at the open to 24,781.29. The S&P 500 opened lower by 4.16 points, or 0.15 per cent, at 2,723.60. The Nasdaq Composite dropped 2.23 points, or 0.03 per cent, to 7,422.20.

REUTERS

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