US stocks open lower

Reported by AAP
Wednesday, November 11, 2015
Sold for $1.3 million one day, no buyers for $440,000 the nextRundown home shows death of mining boom.

Wall Street has extended losses in opening trade with Apple shares leading the way down on a report suggesting iPhone 6s sales are weaker than hoped.

Also pulling the market lower on Tuesday was a downbeat forecast by huge clothing retailer Gap, where sales in its namesake brand and Banana Republic stores fell in October.

Ten minutes into trade, the Dow Jones Industrial Average was down 19.04 points (0.11 per cent) at 17,711.44.

The broad-based S&P 500 lost 0.66 points (0.03 per cent) at 2,077.92, while the tech-rich Nasdaq Composite dropped 21.62 (0.42 per cent) to 5,073.68.

02/12/2015 14:19Sydney, Australia. 2 December,2015