Renewable Energy

Wall Street opens lower as Broadcom warning hits tech stocks

Credit: REUTERS/BRENDAN MCDERMID

U.S. stocks opened lower on Friday, weighed down by technology stocks, as the long-feared hit to global growth from President Donald Trump's trade war crystallized in slashed sales forecast from chipmaker Broadcom.

June 14 (Reuters) - U.S. stocks opened lower on Friday, weighed down by technology stocks, as the long-feared hit to global growth from President Donald Trump's trade war crystallized in slashed sales forecast from chipmaker Broadcom.

The Dow Jones Industrial Average .DJI fell 30.41 points, or 0.12%, at the open to 26,076.36.

The S&P 500 .SPX opened lower by 4.82 points, or 0.17%, at 2,886.82. The Nasdaq Composite .IXIC dropped 29.94 points, or 0.38%, to 7,807.19 at the opening bell.

(Reporting by Amy Caren Daniel in Bengaluru; Editing by Arun Koyyur)

((Amy.CarenDaniel@thomsonreuters.com ; within U.S. +1-646-223-8780; outside U.S. +91 80 6749 9250 ; Reuters Messaging: Amy.CarenDaniel.thomsonreuters.com@reuters.net))

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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