August 23, 2019 / 1:33 PM / 4 months ago

US STOCKS SNAPSHOT-Wall St opens lower on China tariff blow

Aug 23 (Reuters) - Wall Street opened lower on Friday, as China revealed retaliatory tariffs against about $75 billion worth of U.S. goods that intensified trade tensions ahead of a much-anticipated speech by Federal Reserve Chair Jerome Powell.

The Dow Jones Industrial Average fell 118.03 points, or 0.45%, at the open to 26,134.21.

The S&P 500 opened lower by 11.88 points, or 0.41%, at 2,911.07. The Nasdaq Composite dropped 47.74 points, or 0.60%, to 7,943.65 at the opening bell. (Reporting by Akanksha Rana in Bengaluru; Editing by Shounak Dasgupta)

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