Wall St. Drops At Open On Trump’s Tariff Threat, Slow Job Growth - FbiCables Network | The News that Shapes World Opinion

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Friday, August 02, 2019

Wall St. Drops At Open On Trump’s Tariff Threat, Slow Job Growth


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., July 31, 2019. REUTERS/Brendan McDermid
August 2, 2019
(Reuters) – U.S. stock indexes fell at open on Friday, weighed by tariff-sensitive technology stocks following a sharp escalation in U.S.-China trade tensions, while a tepid domestic jobs growth in July reinforced fears of an economic slowdown.
The Dow Jones Industrial Average fell 54.76 points, or 0.21%, at the open to 26,528.66. The S&P 500 opened lower by 9.66 points, or 0.33%, at 2,943.90. The Nasdaq Composite dropped 54.70 points, or 0.67%, to 8,056.42 at the opening bell.

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