Stock Opened Lower as Trade Remained in Focus
- Monday, April 2, 2018, 10:00
- Stock Market
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U.S. stocks opened mostly lower on Monday, with trade policy still in focus. The Dow Jones Industrial Average lately fell 35.53 points, or 0.15%, to 24,067.58. The S&P 500 lost 17.16 points, or 0.65%, to 2,623.71. The Nasdaq Composite dropped 81.73 points, or 1.16%, to 6,981.72.
China raised import duties on a $3 billion list of U.S. pork, fruit and other products Monday in an escalating tariff dispute with President Donald Trump that companies worry might depress global commerce.
A data breach at department store chains Saks Fifth Avenue, Saks Off Fifth and Lord & Taylor has compromised the personal information of customers who shopped at the stores. The chains’ parent company, Canada-based Hudson’s Bay Co., announced the breach of its store payment systems on Sunday.
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