Wall Street opens lower after report China may slow U.S. bond buys

FAN Editor
FILE PHOTO: The trading floor is seen on the final day of trading for the year at the New York Stock Exchange (NYSE) in Manhattan, New York
FILE PHOTO: The trading floor is seen on the final day of trading for the year at the New York Stock Exchange (NYSE) in Manhattan, New York, U.S., December 29, 2017. REUTERS/Andrew Kelly

January 10, 2018

(Reuters) – Wall Street’s main indexes opened lower on Wednesday, spooked by a report that China is considering slowing or halting purchases of U.S. government debt.

The Dow Jones Industrial Average <.DJI> fell 65.71 points, or 0.26 percent, to 25,320.09. The S&P 500 <.SPX> lost 8.51 points, or 0.309309 percent, to 2,742.78. The Nasdaq Composite <.IXIC> dropped 33.98 points, or 0.47 percent, to 7,129.60.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Arun Koyyur)

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