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Wall Street opens lower as China data sours mood

The Dow Jones Industrial Average fell 24.5 points, or 0.07%, at the open to 35490.83
Last Updated 16 August 2021, 13:57 IST

The Dow and the S&P 500 slipped from record highs at open on Monday as glum data from China sparked fears of slowing global growth and hurt shares of sectors that are closely linked to the health of the US economy.

The Dow Jones Industrial Average fell 24.5 points, or 0.07 per cent, at the open to 35490.83.

The S&P 500 fell 6.4 points, or 0.14 per cent, at the open to 4461.65​, while the Nasdaq Composite dropped 51.4 points, or 0.35 per cent, to 14771.53 at the opening bell.

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(Published 16 August 2021, 13:57 IST)

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