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Wall Street open lower on weak China factory data
September 1, 2015 / 1:03 PM / 2 years ago

Wall Street open lower on weak China factory data

(Reuters) - Wall Street opened lower on Tuesday after China’s weak factory data heightened fears of a slowdown in the world’s second-largest economy.

Traders work on the floor of the New York Stock Exchange in New York August 28, 2015. REUTERS/Lucas Jackson

The Dow Jones industrial average .DJI fell 98.55 points, or 0.6 percent, to 16,429.48. The S&P 500 .SPX lost 20.71 points, or 1.05 percent, to 1,951.47 and the Nasdaq composite .IXIC dropped 104.61 points, or 2.19 percent, to 4,671.90.

Reporting By Sudarshan Varadhan in Bengaluru; Editing by Savio D'Souza

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