Wall Street opens lower after Trump's tariff threat

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Reuters
Last Updated : Nov 27 2018 | 8:15 PM IST

(Reuters) - U.S. stocks opened lower on Tuesday after President Donald Trump said he would move ahead with additional tariffs on Chinese goods, dampening hopes of resolving the ongoing trade spat at the upcoming G20 Summit.

The Dow Jones Industrial Average fell 83.22 points, or 0.34 percent, at the open to 24,557.02. The S&P 500 opened lower by 9.70 points, or 0.36 percent, at 2,663.75. The Nasdaq Composite dropped 40.63 points, or 0.57 percent, to 7,041.23 at the opening bell.

(Reporting by Amy Caren Daniel in Bengaluru; Editing by Arun Koyyur)

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First Published: Nov 27 2018 | 8:02 PM IST

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