s&p,-dow-open-lower-as-banks-weigh

S&P, Dow open lower as banks weigh

Business

(Reuters) – The S&P 500 and the Dow opened lower on Wednesday, dragged down by banking shares after disappointing results from Goldman Sachs, while investors awaited the release of details of an initial U.S.-China trade deal.

The Dow Jones Industrial Average .DJI fell 37.87 points, or 0.13%, at the open to 28,901.80. The S&P 500 .SPX opened lower by 0.88 points, or 0.03%, at 3,282.27. The Nasdaq Composite .IXIC gained 2.43 points, or 0.03%, to 9,253.76 at the opening bell.

Reporting by Sruthi Shankar in Bengaluru; Editing by Sriraj Kalluvila