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Wall Street Turns Down At The Open

Video Credit: Wochit Business - Duration: 00:45s - Published < > Embed
Wall Street Turns Down At The Open

Wall Street Turns Down At The Open

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

The Dow Jones Industrial Average 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 Nasdaq Composite dropped 58.78 points, or 0.80 percent, to 7,316.50 at the opening bell.

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