Wall St opens lower as Evergrande worries persist; Nike drops

Economy21 minutes ago (Sep 24, 2021 09:35AM ET)

(C) Reuters. FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 16, 2021. REUTERS/Brendan McDermid/File Photo

(Reuters) – U.S. stock indexes opened lower on Friday following a strong two-day rally, as worries persisted about the spillover from debt-laden China Evergrande, while Nike (NYSE:NKE) tumbled after cutting its sales forecast.

The Dow Jones Industrial Average fell 2.51 points, or 0.01%, at the open to 34,762.31.

The S&P 500 opened lower by 10.94 points, or 0.25%, at 4,438.04, while the Nasdaq Composite dropped 90.63 points, or 0.60%, to 14,961.62 at the opening bell.

Wall St opens lower as Evergrande worries persist; Nike drops

UK consumer morale wilts under cost-of-living crisis
By Reuters – Sep 24, 2021

By Andy Bruce LONDON (Reuters) – Growing worries over energy bills, food costs and tax hikes prompted a hefty drop in British consumer confidence this month as people became more…

India antitrust body fines United Breweries, Carlsberg in price fixing case
By Reuters – Sep 24, 2021

By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) -India’s antitrust watchdog on Friday imposed a penalty of $102 million on Heineken-controlled beer giant United Breweries and…

Evergrande investors in limbo after payment deadline passes
By Reuters – Sep 24, 2021

By Anshuman Daga, Andrew Galbraith and Tom Westbrook SINGAPORE/SHANGHAI (Reuters) -China Evergrande has left global investors guessing over whether it will make a key interest…

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Our Apps

Terms And Conditions
Privacy Policy
Risk Warning

(C) 2007-2021 Fusion Media Limited. All Rights Reserved

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Close