Wall Sreet opens lower on retail sales, claims data

Image
Reuters NEW YORK
Last Updated : Feb 13 2014 | 8:27 PM IST

NEW YORK (Reuters) - U.S. stocks opened lower on Thursday, weighed by a disappointing outlook from Cisco Systems and weaker-than-expected data on consumer spending and the labor market.

The Dow Jones industrial average fell 77.83 points or 0.49 percent, to 15,886.11, the S&P 500 lost 8.67 points or 0.48 percent, to 1,810.59 and the Nasdaq Composite dropped 23.136 points or 0.55 percent, to 4,178.152.

(Reporting by Angela Moon; Editing by Bernadette Baum)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 13 2014 | 8:11 PM IST

Next Story