Wall Street opens lower on renewed fear of trade conflict

Published: August 31, 2018 20:42:55 | Updated: September 03, 2018 12:04:42


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Wall Street opened lower on Friday for a second day in a row, as concerns about the ongoing trade talks between the United States and other major economies hampered a record rally for the major indexes.

The Dow Jones Industrial Average fell 22.07 points, or 0.08 per cent, at the open to 25,964.85. The S&P 500 opened lower by 2.76 points, or 0.10 per cent, at 2,898.37.

The Nasdaq Composite dropped 9.05 points, or 0.11 per cent, to 8,079.31 at the opening bell, reports Reuters.

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