Dow set snap 7-day win streak as stocks slip on weak China data

U.S. stocks opened lower on Tuesday as weak Chinese trade data appeared to sour Wall Street sentiment. The early slump threatens to snap a seven-day win streak for the Dow Jones Industrial Average , which lost 92 points, or 0.5%, to open at 17,041. The S&P 500 , which was on track to end four straight days of gains, fell about 11 points, or 0.6%, to 2,006. The tech-heavy Nasdaq Composite Index slipped 30 points, or 0.6%, to 4,808.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply