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Wall Street falls at open on global growth worries


(Reuters) - U.S. stocks opened lower on Thursday as worries over a global slowdown were rekindled after the cut its economic growth forecasts, while a slew of dismal quarterly reports also added to woes.

The fell 124.49 points, or 0.49 percent, at the open to 25,265.81.

The S&P 500 opened lower by 14.08 points, or 0.52 percent, at 2,717.53. The dropped 58.78 points, or 0.80 percent, to 7,316.50 at the opening bell.

(Reporting by in Bengaluru; Editing by Shounak Dasgupta)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 07 2019. 20:03 IST