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Wall Street opens lower as China pushes yuan lower again

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Reuters

REUTERS - U.S. stocks opened lower for a second day in a row on Wednesday as China weakened its currency further, increasing worries about a global economic slowdown.

The Dow Jones industrial average fell 146.51 points, or 0.84 percent, to 17,256.33. The S&P 500 lost 16.39 points, or 0.79 percent, to 2,067.68 and the Nasdaq composite dropped 44.77 points, or 0.89 percent, to 4,992.02.

(Reporting by Anjali Rao Koppala in Bengaluru; Editing by Savio D'Souza)

 

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First Published: Aug 12 2015 | 7:06 PM IST

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