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The Financial Express

Wall Street slips at the open as oil prices hit year low

| Updated: November 27, 2018 16:05:05


Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US on November 20, 2018 — Reuters photo Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US on November 20, 2018 — Reuters photo

US stocks fell at open on Friday as energy stocks took a hit from oil prices sliding to their lowest in more than a year, while investors were nervous ahead of US-China trade talks at the G20 summit next week.

The Dow Jones Industrial Average fell 128.29 points, or 0.52 per cent, at the open to 24,336.40. The S&P 500 opened lower by 16.57 points, or 0.63 percent, at 2,633.36. The Nasdaq Composite dropped 52.74 points, or 0.76 percent, to 6,919.52 at the opening bell.

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