Trump-Xi Summit Looms Large Over US Stocks Amid Rising Oil Prices
Wall Street's main stock indexes opened lower on Thursday (Sep 24) as rising Middle East tensions lifted oil prices and Treasury yields.
Investors exercised caution ahead of a highly anticipated summit between US President Donald Trump and Chinese President Xi Jinping, which is being closely watched for its potential impact on global markets.
The Dow Jones Industrial Average fell 95.8 points, or 0.19 per cent, to 51,415.75 at the open, while the S&P 500 dropped 39 points, or 0.51 per cent, to 7,666.99.