Wall Street opens lower as tariff worries weigh

WION Web Team
New Delhi, Delhi, IndiaUpdated: Jul 02, 2018, 07:52 PM IST

Stock market is a lending platform which the big business houses can use to borrow money from common people in lieu of part of their company Photograph:(Others)

Major US stock indexes opened about half a percent lower on Monday, starting the second half of 2018 on a grim note due to mounting worries of a tariff war between the United States and its trading partners.

The Dow Jones Industrial Average fell 109.88 points, or 0.45 per cent, at the open to 24,161.53. The S&P 500 opened lower by 13.42 points, or 0.49 percent, at 2,704.95. The Nasdaq Composite dropped 58.41 points, or 0.78 percent, to 7,451.90 at the opening bell.