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

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

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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

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KSE100	136,276.58 148.95M	0.25% 336.71
ALLSHR	84,592.15 425.95M	-0.01% -8.23
KSE30	41,531.57 49.39M	0.38% 157.89
KMI30	191,245.59 47.70M	0.09% 175.61
KMIALLSHR	55,705.30 196.16M	-0.06% -32.77
BKTi	38,084.85 13.08M	-1.05% -404.90
OGTi	27,628.65 5.25M	-0.57% -159.49

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,515.00	118,635.00 117,255.00	1775.00 1.52%
BRENT CRUDE	68.56	69.09 68.46	-0.15 -0.22%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	1.80 1.90%
ROTTERDAM COAL MONTHLY	104.50	0.00 0.00	-1.05 -0.99%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.01 66.39	-0.02 -0.03%
SUGAR #11 WORLD	16.61	16.63 16.55	0.05 0.30%