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Wall Street opens lower as tech stocks drag, oil falls

The Dow Jones industrial average was down 103.48 points, or 0.64%, at 16,101.49

Traders work on the floor of the New York Stock Exchange (NYSE)

Traders work on the floor of the New York Stock Exchange (NYSE)

Reuters

US stocks opened lower on Monday as technology stocks continued to drag and oil prices fell, amid fears of a global economic slowdown deepening.

The Dow Jones industrial average was down 103.48 points, or 0.64 percent, at 16,101.49, the S&P 500 was down 16.95 points, or 0.9 percent, at 1,863.1 and the Nasdaq Composite index was down 72.90 points, or 1.67 percent, at 4,290.24.

 

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First Published: Feb 08 2016 | 8:05 PM IST

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