Wall St opens lower on slowing China growth, inflation worries
18 October, 2021, 07:50 pm
Last modified: 18 October, 2021, 07:54 pm
A view of a nearly deserted Broad street and the New York Stock Exchange building in the financial district of lower Manhattan during the outbreak of the coronavirus disease (Covid-19) in New York City, New York, US, April 3, 2020. REUTERS/Mike Segar
Wall Street's main indexes opened lower on Monday as economic growth in China slowed, while a relentless surge in oil prices fueled concerns about elevated inflation.
The Dow Jones Industrial Average fell 73.74 points, or 0.21%, at the open to 35,221.02.
The S&P 500 opened lower by 7.65 points, or 0.17%, at 4,463.72, while the Nasdaq Composite dropped 57.60 points, or 0.39%, to 14,839.74 at the opening bell.
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