The major US stock indices are trading lower at the US open. The declines are led by the Dow industrial average which is down near 1.2%.
A snapshot of the market currently shows:
- Dow industrial average -402 points are -1.2% at 33390
- S&P 8-41.6 points are -0.96% at 4321.76
- NASDAQ index -80.4 points or -0.60% at 13459.60
- Russell 2000-17.8 points or -0.81% at 2014.95
The Dow is down for the fourth day in five days and on track for its fourth straight negative week.
The S&P and NASDAQ on pace for a 3rd negative week in the last four weeks.