US: Wall St dips at open as caution sets in ahead of trade talks

US stocks opened slightly lower on Monday as investors braced for US-China trade talks later in the week, after a rollercoaster start to the month on fears that the world's largest economy could be sliding into a recession.

[NEW YORK] US stocks opened slightly lower on Monday as investors braced for US-China trade talks later in the week, after a rollercoaster start to the month on fears that the world's largest economy could be sliding into a recession.The S&P 500 opened lower by 7.78 points, or 0.26 per cent, at 2,944.23. The Nasdaq Composite dropped 26.07 points, or 0.33 per cent, to 7,956.41 at the opening bell.

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Asia shares up on US jobs report, but caution seen on trade talksTOKYO (REUTERS) - Asian shares edged higher on Monday (Oct 7) after data showed the US unemployment rate dropped to the lowest in almost 50 years, easing concerns of a slowdown in the world's largest economy.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »