off-the-wire

Wall Street opens lower as markets assess tariff risks

Kitco Media
By Reuters
Published:
Updated:
Reuters
Wall Street opens lower as markets assess tariff risks teaser image

April 11 (Reuters) - Wall Street's main indexes opened lower on Friday as markets assessed the latest escalation in the trade war, with China increasing its tariffs on U.S. imports to 125%.

The Dow Jones Industrial Average (.DJI),  fell 100.2 points, or 0.25%, at the open to 39493.42. The S&P 500 (.SPX),  fell 12.5 points, or 0.24%, at the open to 5255.56​, while the Nasdaq Composite (.IXIC), dropped 28.8 points, or 0.18%, to 16358.532 at the opening bell.

Reporting by Shashwat Chauhan in Bengaluru; Editing by Shounak Dasgupta

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