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Stocks Open Lower as Dow, Nasdaq Slip Ahead of Trump-Xi Summit

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Story summary
  • U.S. stock markets opened lower as all three major indexes fell at the opening bell.
  • The Dow Jones Industrial Average dropped 95.8 points to 51,415.75, a 0.19% decline.
  • The Nasdaq Composite slipped 201.5 points to 26,734.508, a 0.75% drop.
  • Middle East tensions lifted oil prices and Treasury yields, pressuring equities.
  • Investors were cautious ahead of a summit between U.S. President Donald Trump and Chinese President Xi Jinping.