Wall Street opens lower as Nvidia hammers tech stocks
U.S. stocks opened lower on Friday, as technology companies suffered sharp losses following disappointing forecasts from chip companies Nvidia and Applied Materials.
The Dow Jones Industrial Average fell 46.92 points, or 0.19 percent, at the open to 25,242.35. The S&P 500 opened lower by 11.66 points, or 0.43 percent, at 2,718.54. The Nasdaq Composite dropped 65.43 points, or 0.90 percent, to 7,193.60 at the opening bell.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.