Trade concerns, slower global growth
The US stocks are opening in the red on the back of trade war concerns and slower global growth projections from the IMF.
A snapshot of the major indices are currently showing:
- Dow, -220 points or -0.83% at 26122
- S&P, -17.87 points or my 0.62% at 2878
- Nasdaq, -28 points or -0.36% at 7926
In other markets:
- Gold is up $7.20 or 0.45% at $1304.90
- WTI crude oil futures are down $.34 or -0.53% and $64.08