Wall Street Slips At Open Deepens Trade Fears

Video Credit: Wochit News
Published on August 5, 2019 - Duration: 00:33s

Wall Street Slips At Open Deepens Trade Fears

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 2, 2019.

REUTERS/Brendan McDermid (Reuters) - U.S. stocks opened lower on Monday, extending a sell-off from last week, weighed down by a drop in technology shares and as China’s yuan hit its lowest in more than a decade on escalating U.S.-China trade concerns.

DJI fell 225.78 points, or 0.85%, at the open to 26,259.23.

SPX opened lower by 33.98 points, or 1.16%, at 2,898.07.

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