Wall Street opens lower as J&J slips

FAN Editor
Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 2, 2019. REUTERS/Brendan McDermid

October 18, 2019

(Reuters) – U.S. stocks opened slightly lower on Friday, weighed down by Johnson & Johnson, while upbeat earnings reports limited losses and calmed nerves about the global economy after China expanded at its weakest pace in almost 30 years.

The Dow Jones Industrial Average <.DJI> fell 21.39 points, or 0.08%, at the open to 27,004.49.

The S&P 500 <.SPX> opened lower by 1.11 points, or 0.04%, at 2,996.84. The Nasdaq Composite <.IXIC> dropped 7.00 points, or 0.09%, to 8,149.85 at the opening bell.

(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Sriraj Kalluvila)

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