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US stocks open lower as Apple falls

2018-01-29 03:27 pm | Resource: News Section | No Views : 441

US stocks open lower as Apple falls

US stocks opened lower on Monday, slipping from record highs last week.
Wall Street was pressured at the start of the session as 10-year Treasury yields rose to their highest level since April 2014, and technology companies including Apple and Verizon lost ground.
By 2:32 pm GMT, the Dow Jones fell 0.2 percent to 2,652.8 points, after hitting its highest close in Friday's trading.
The S&P 500 Index shed 0.3% to 2,865.2 points, while the Nasdaq Composite Index shed 7480.7 points, down more than 0.3%.
All of the US stock indices recorded record levels at the close of trading last week and also achieved strong weekly earnings.
Investors are waiting for the results of the Fed meeting next Wednesday, as well as the release of monthly jobs data on Friday.

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