Wall St. opens lower after weak U.S. retail sales data

Written by on May 15, 2019

Traders work on the floor at the NYSE in New York
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 14, 2019. REUTERS/Brendan McDermid

May 15, 2019

(Reuters) – U.S. stocks opened lower on Wednesday, as a surprise fall in domestic retail sales and underwhelming data from China raised growth concerns.

The Dow Jones Industrial Average fell 131.92 points, or 0.52%, at the open to 25,400.13. The S&P 500 opened lower by 14.03 points, or 0.49%, at 2,820.38. The Nasdaq Composite dropped 51.69 points, or 0.67%, to 7,682.80 at the opening bell.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Arun Koyyur)

Source: OANN

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