Fri, August 13, 2010
Business > Markets

Wall St. opens lower as spending falters

2010-08-13 13:54:56 GMT2010-08-13 21:54:56 (Beijing Time)  SINA.com

U.S. stocks opened lower on Friday after retail sales data suggested momentum in consumer spending remained limp, heightening concerns about the fragile economic recovery.

The Dow Jones industrial average (.DJI) lost 15.82 points, or 0.15 percent, to 10,304.13. The Standard & Poor's 500 (.SPX) fell 2.47 points, or 0.23 percent, to 1,081.14. The Nasdaq Composite (.IXIC) dropped 5.90 points, or 0.27 percent, to 2,184.37.

(Agencies)

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