January 2, 2019 / 2:39 PM / 6 months ago

Wall Street falls at open on global slowdown fears

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 28, 2018. REUTERS/Jeenah Moon

(Reuters) - U.S. stocks opened lower in the first session of the year as weak data in Asia and Europe confirmed fears of a global economic slowdown while the U.S. government shutdown dragged on.

The Dow Jones Industrial Average .DJI fell 268.85 points, or 1.15 percent, at the open to 23,058.61. The S&P 500 .SPX opened lower by 29.89 points, or 1.19 percent, at 2,476.96. The Nasdaq Composite .IXIC dropped 128.37 points, or 1.93 percent, to 6,506.91 at the opening bell.

Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shounak Dasgupta

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