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Wall St drops on emerging market worry

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Reuters NEW YORK

NEW YORK (Reuters) - Wall Street dropped at the open on Friday and was set for its first monthly decline since August, hurt by weaker-than-expected inflation data in the euro zone and ongoing concerns about turbulence in emerging markets.

The Dow Jones industrial average was down 150.73 points, or 0.95 percent, at 15,697.88. The Standard & Poor's 500 Index was down 13.29 points, or 0.74 percent, at 1,780.90. The Nasdaq Composite Index was down 52.74 points, or 1.28 percent, at 4,070.38.

(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)

 

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First Published: Jan 31 2014 | 8:04 PM IST

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