Business

Growth worries, Chinese tech rout drag Wall St lower at open

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The New York Stock Exchange is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., April 16, 2021. REUTERS/Carlo Allegri

July 8 (Reuters) - Wall Street's main indexes fell sharply at the open on Thursday as the spread of the COVID-19 Delta variant cast doubts over an economic recovery, while a rout in Chinese tech stocks appeared to have spilled over across markets.

The Dow Jones Industrial Average (.DJI) fell 112.8 points, or 0.33%, at the open to 34,569.01. The S&P 500 (.SPX) fell 37.1 points, or 0.85%, at the open to 4,321.07​, while the Nasdaq Composite (.IXIC) dropped 255.9 points, or 1.74%, to 14,409.19 at the opening bell.

Reporting by Devik Jain in Bengaluru; Editing by Arun Koyyur

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