US Markets

Wall Street opens lower as labor market recovery slows

Credit: REUTERS/BRENDAN MCDERMID

Wall Street's main indexes opened lower on Thursday after data showed high levels of weekly jobless claims, while technology-related stocks resumed their slide with Apple Inc and Amazon.com Inc among the biggest drags on the Nasdaq.

Sept 17 (Reuters) - Wall Street's main indexes opened lower on Thursday after data showed high levels of weekly jobless claims, while technology-related stocks resumed their slide with Apple Inc AAPL.O and Amazon.com Inc AMZN.O among the biggest drags on the Nasdaq.

The Dow Jones Industrial Average .DJI fell 198.20 points, or 0.71%, at the open to 27,834.18.

The S&P 500 .SPX opened lower by 38.63 points, or 1.14%, at 3,346.86. The Nasdaq Composite .IXIC dropped 254.42 points, or 2.30%, to 10,796.05 at the opening bell.

(Reporting by Devik Jain in Bengaluru; Editing by Shounak Dasgupta)

((Devik.Jain@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2062))

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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