US stocks open lower

Reported by AAP
Thursday, April 23, 2015
CBA boss sells Paddington home for $3 millionBanking chief, whose salary increased to $8.1 million last year, made a tidy profit on the Victorian terrace.

US stocks have opened lower after key companies including GM, Caterpillar and Procter & Gamble all reported falling revenues in earnings reports.

About five minutes into trade on Thursday, the Dow Jones Industrial was down 51.45 points (0.29 per cent) at 17,986.82.

The broad-based S&P lost 2.93 (0.14 per cent) at 2,105.03, while the tech-rich Nasdaq Composite Index slipped 8.88 (0.18 per cent) to 5,026.289.

28/04/2015 03:01Sydney, Australia. 28 April,2015