(Reuters) – U.S. stocks fell at open on Monday, as a drop in crude prices hurt energy companies and on muted appetite for equities after last week’s spike in Treasury yields following healthy economic data.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 3, 2018. REUTERS/Brendan McDermid
The Dow Jones Industrial Average fell 47.60 points, or 0.18 percent, at the open to 26,399.45.
The S&P 500 opened lower by 8.73 points, or 0.30 percent, at 2,876.84. The Nasdaq Composite dropped 41.35 points, or 0.53 percent, to 7,747.10 at the opening bell.
Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shounak Dasgupta
Our Standards:The Thomson Reuters Trust Principles.
Source : Denver Post
