Wall St. slips at open on weak results from Caterpillar, Boeing

FAN Editor
Traders work on the floor at the NYSE in New York
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid

July 24, 2019

(Reuters) – U.S. stocks opened lower on Wednesday after bleak earnings from bellwethers Caterpillar <CAT.N> and Boeing <BA.N> exacerbated concerns over slowing global growth.

The Dow Jones Industrial Average <.DJI> fell 86.95 points, or 0.32%, at the open to 27,262.24. The S&P 500 <.SPX> opened lower by 6.70 points, or 0.22%, at 2,998.77. The Nasdaq Composite <.IXIC> dropped 24.04 points, or 0.29%, to 8,227.36 at the opening bell.

(Reporting by Medha Singh in Bengaluru; Editing by Arun Koyyur)

Free America Network Articles

Leave a Reply

Next Post

South Korea protests Japan’s ‘grave’ plan to drop it from smooth-trade list

Members of the South Korea and Japan delegations arrive for the General Council meeting where the worsening trade and diplomatic dispute between South Korea and Japan will be raised at the World Trade Organization (WTO) in Geneva, Switzerland, July 24, 2019. REUTERS/Denis Balibouse July 24, 2019 By Ju-min Park SEOUL […]