Wall Street opens lower as trade, inflation worries persist

By Kitco News / May 01, 2018 / www.kitco.com / Article Link

(Reuters) - U.S. stocks opened lower on Tuesday after disappointing results from Pfizer, while concerns about inflation, rising costs and protectionist policies remained.

The Dow Jones Industrial Average fell 45.86 points, or 0.19 percent, at the open to 24,117.29. The S&P 500 opened lower by 4.41 points, or 0.17 percent, at 2,643.64. The Nasdaq Composite dropped 12.62 points, or 0.18 percent, to 7,053.65 at the opening bell.

Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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