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Wall Street opens lower on global growth worries

The Dow Jones Industrial Average fell 98.59 points, or 0.40 percent, at the open to 24,607.76. The S&P 500 opened lower by 12.83 points, or 0.48 percent, at 2,657.88.

January 22, 2019 / 09:38 PM IST

US stocks opened lower on Tuesday after rallying for four straight weeks, as fears of a global economic slowdown resurfaced after the International Monetary Fund trimmed its growth outlook in a week of heavy corporate earnings.

The Dow Jones Industrial Average fell 98.59 points, or 0.40 percent, at the open to 24,607.76. The S&P 500 opened lower by 12.83 points, or 0.48 percent, at 2,657.88.

The Nasdaq Composite dropped 47.66 points, or 0.67 percent, to 7,109.57 at the opening bell.
Reuters
first published: Jan 22, 2019 09:32 pm

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