Wall St. dips at open as corporate earnings point to slowing growth

New York (July 25)  Wall Street opened slightly lower on Thursday after a clutch of earnings reports pointed to a slowing global economy, while the European Central Bank opening the door to future interest rate cuts limited losses.

The Dow Jones Industrial Average .DJI fell 22.58 points, or 0.08%, at the open to 27,247.39. The S&P 500 .SPX opened lower by 3.30 points, or 0.11%, at 3,016.26. The Nasdaq Composite .IXIC dropped 26.82 points, or 0.32%, to 8,294.68 at the opening bell.

KitcoNews