US stocks open lower amid global rout, Dow -0.3%, Nasdaq -0.8%

News Image

MG News | August 02, 2019 at 07:25 PM GMT+05:00

Aug 02, 2019: Wall Street stocks opened lower Friday as the latest round of US tariffs on China overshadowed a mixed US jobs report amid a global equity selloff.

About five minutes into trading, the Dow Jones Industrial Average was down 0.3 percent to 26,509.15.

The broad-based S&P 500 slid 0.4 percent to 2,942.42, while the tech-rich Nasdaq Composite Index shed 0.8 percent to 8,805.45.

US indices lost about one percent on Thursday after President Donald Trump's surprise announcement of a 10 percent punitive tariffs on $300 billion in Chinese imports. Major bourses in Europe and Asia have lost more than two percent since the announcement.

AFP/APP

Related News

Name Price/Vol %Chg/NChg
KSE100 181,430.02
376.06M
-0.19%
-346.57
ALLSHR 109,168.67
713.66M
-0.13%
-139.83
KSE30 54,263.26
125.13M
-0.24%
-128.56
KMI30 255,651.73
86.61M
-0.19%
-483.04
KMIALLSHR 69,991.04
446.60M
-0.05%
-33.30
BKTi 52,205.98
60.34M
-0.31%
-161.74
OGTi 35,363.45
11.64M
0.17%
60.63
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,890.00 66,020.00
64,290.00
270.00
0.42%
BRENT CRUDE 83.50 84.44
81.50
1.01
1.22%
RICHARDS BAY COAL MONTHLY 105.50 105.50
105.50
-0.25
-0.24%
ROTTERDAM COAL MONTHLY 116.25 117.00
116.25
-0.10
-0.09%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 78.21 78.77
76.53
0.92
1.19%
SUGAR #11 WORLD 16.49 16.50
15.49
0.92
5.91%

Chart of the Day


Latest News
August 08, 2026 at 12:15 AM GMT+05:00

Weekly Market Roundup


August 07, 2026 at 10:14 PM GMT+05:00

Industrial giant FF Steel kicks off IPO journey


August 07, 2026 at 05:52 PM GMT+05:00

12 Investor consortiums submit EOIs for FESCO privatization


August 07, 2026 at 05:15 PM GMT+05:00

IFC backs Pakistan’s Novatex with $20m loan


August 07, 2026 at 05:06 PM GMT+05:00

PSX Closing Bell: A Minor Mark in Red



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg