US stocks open lower

Reported by AAP
Tuesday, July 30, 2013

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US stocks have opened lower as investors looked ahead to a busy week of economic news and corporate earnings.

About 10 minutes into trade on Monday, the Dow Jones Industrial Average lost 32.94 (0.21 per cent) at 15,525.89.

The broad-based S&P 500 fell 3.63 (0.21 per cent) to 1688.02, while the tech-rich Nasdaq Composite Index slipped 1.49 (0.04 per cent) to 3611.68.

Analysts said investors are unlikely to place big bets ahead of this week's high-profile economic calendar, which includes a meeting of the US Federal Reserve's policy-making committee and releases on second-quarter US economic growth and monthly jobs data.

01/08/2014 21:51Sydney, Australia. 1 August,2014