Wall Street opens lower as trade fears weigh

FAN Editor
Traders work on the floor of the NYSE in New York
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 19, 2018. REUTERS/Brendan McDermid

June 25, 2018

(Reuters) – Wall Street’s main indexes opened lower on Monday as a move to curb Chinese investments in U.S. technology firms further raised tensions between the United States and its trading partners.

The Dow Jones Industrial Average fell 117.16 points, or 0.48 percent, at the open to 24,463.73. The S&P 500 opened lower by 11.94 points, or 0.43 percent, at 2,742.94. The Nasdaq Composite dropped 61.70 points, or 0.80 percent, to 7,631.12 at the opening bell.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)

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