Wall St. slips at open on Turkey turmoil

Wall St. slips at open on Turkey turmoil

U.S. stock index futures fell about half a percent on Friday, tracking global shares, as the Turkish lira tumbled on concerns over the country's economy and its deepening rift with the United States.

Traders work on the floor of the NYSE in New York
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 24, 2018. REUTERS/Brendan McDermid

REUTERS: U.S. stocks opened lower on Friday as a plunging Turkish lira rattled global markets due to concerns over the country's economy and a deepening rift with the United States.

The Dow Jones Industrial Average fell 108.04 points, or 0.42 percent, at the open to 25,401.19. The S&P 500 opened lower by 13.94 points, or 0.49 percent, at 2,839.64. The Nasdaq Composite dropped 57.07 points, or 0.72 percent, to 7,834.71 at the opening bell.

(Reporting by Amy Caren Daniel in Bengaluru)

Source: Reuters

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