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US STOCKS SNAPSHOT-Wall St falls on stalling economic rebound, stimulus impasse

Credit: REUTERS/CARLO ALLEGRI

U.S. stocks opened lower on Thursday as an unexpected rise in weekly jobless claims exacerbated fears of a stalling economic recovery, a day after Treasury Secretary Steven Mnuchin dashed hopes for more fiscal aid before the election.

Oct 15 (Reuters) - U.S. stocks opened lower on Thursday as an unexpected rise in weekly jobless claims exacerbated fears of a stalling economic recovery, a day after Treasury Secretary Steven Mnuchin dashed hopes for more fiscal aid before the election.

The Dow Jones Industrial Average .DJI fell 190.60 points, or 0.67%, at the open to 28,323.40.

The S&P 500 .SPX opened lower by 34.95 points, or 1.00%, at 3,453.72, while the Nasdaq Composite .IXIC dropped 208.85 points, or 1.77%, to 11,559.88 at the opening bell.

(Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)

((Medha.Singh@thomsonreuters.com; within U.S. +1646 223 8780, outside U.S. +91 80 6182 2802; Twitter: https://twitter.com/medhasinghs))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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