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Wall Street opens lower on iPhone worries


(Reuters) - U.S. stock indexes opened lower on Friday led by falls in shares of and its suppliers, including and Qualcomm, following a report that the maker was planning to produce fewer new phones this year than last.

The Dow Jones Industrial Average fell 26.52 points, or 0.11 percent, to 25,214.89. The lost 3.58 points, or 0.129225 percent, to 2,766.79. The dropped 24.90 points, or 0.33 percent, to 7,610.17.

(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: Fri, June 08 2018. 19:07 IST