Wall Street opens lower on Middle East conflict
Business
Wall Street opens lower on Middle East conflict
(Reuters) - Wall Street's main indexes dropped at the open on Monday as a deepening conflict between Israel and the Palestinian Islamist group Hamas roiled global markets and pushed investors toward safe-haven assets, while crude prices jumped over 3%.
The Dow Jones Industrial Average (.DJI) fell 147.74 points, or 0.44%, at the open to 33,259.84. The S&P 500 (.SPX) opened lower by 19.48 points, or 0.45%, at 4,289.02, while the Nasdaq Composite (.IXIC) dropped 105.12 points, or 0.78%, to 13,326.22 at the opening bell.
