Wall St. slips at open on Turkey turmoil

Wall St. slips at open on Turkey turmoil

U.S. stocks opened lower on Friday as a plunging Turkish lira rattled global markets due to concerns over the country’s economy and a deepening rift with the United States.

The Dow Jones Industrial Average <.DJI> fell 108.04 points, or 0.42 percent, at the open to 25,401.19. The S&P 500 <.SPX> opened lower by 13.94 points, or 0.49 percent, at 2,839.64. The Nasdaq Composite <.IXIC> dropped 57.07 points, or 0.72 percent, to 7,834.71 at the opening bell.

(Reporting by Amy Caren Daniel in Bengaluru)


Published at Fri, 10 Aug 2018 06:33:16 -0700

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