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US Stocks Open Sharply Down, Dow Goes Negative For Year

Faizan Hashmi Published November 20, 2018 | 11:12 PM

US stocks open sharply down, Dow goes negative for year

Wall Street stocks opened sharply lower on Tuesday, extending their slump on weakness in technology and retailer shares and plunging major indices back into the red for 2018.

New York, (UrduPoint / Pakistan Point News - 20th Nov, 2018 ) :Wall Street stocks opened sharply lower on Tuesday, extending their slump on weakness in technology and retailer shares and plunging major indices back into the red for 2018.

About a minutes into trading, the Dow Jones Industrial Average was down 1.

8 percent at 24,569.45, or about 150 points below its year-end level last December.

The broad-based S&P 500 dropped 1.5 percent to 2,650.24, while the tech-rich Nasdaq Composite Index plunged 2.2 percent to 6,873.93.

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