Wall St. opens lower amid geopolitical tensions, trade worries
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FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 12, 2019. REUTERS/Eduardo Munoz
(Reuters) – U.S. stocks opened lower on Tuesday, tracking a global shift out of riskier assets, as investors grappled with simmering geopolitical tensions and fears of a recession due to a drawn-out U.S.-China trade war.
The Dow Jones Industrial Average .DJI fell 8.83 points, or 0.03%, at the open to 25,888.88. The S&P 500 .SPX opened lower by 2.37 points, or 0.08%, at 2,880.72. The Nasdaq Composite .IXIC dropped 8.04 points, or 0.10%, at 7,855.37 after market open.
Reporting by Shreyashi Sanyal in Bengaluru; Editing by Sriraj Kalluvila