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5 years ago

Wall Street slips at the open as oil prices hit year low

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US on November 20, 2018 — Reuters photo
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US on November 20, 2018 — Reuters photo

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US stocks fell at open on Friday as energy stocks took a hit from oil prices sliding to their lowest in more than a year, while investors were nervous ahead of US-China trade talks at the G20 summit next week.

The Dow Jones Industrial Average fell 128.29 points, or 0.52 per cent, at the open to 24,336.40. The S&P 500 opened lower by 16.57 points, or 0.63 percent, at 2,633.36. The Nasdaq Composite dropped 52.74 points, or 0.76 percent, to 6,919.52 at the opening bell.

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