Wall Street slips at open as IBM, Intel weigh

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By Reuters Staff

(Reuters) – Wall Street’s main indexes opened lower on Friday after hitting record levels, as shares of blue-chip technology stalwarts Intel and IBM tumbled following their quarterly results.

The Dow Jones Industrial Average fell 34.4 points, or 0.11%, at the open to 31141.56. The S&P 500 fell 8.8 points, or 0.23%, at the open to 3844.24, while the Nasdaq Composite dropped 56.1 points, or 0.41%, to 13474.805 at the opening bell.

Reporting by Devik Jain in Bengaluru; Editing by Anil D’Silva

Our Standards: The Thomson Reuters Trust Principles.

Reuters

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