Wall St opens lower as Evergrande worries persist; Nike drops

FILE PHOTO: The front facade of the NYSE is seen in New York
The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 16, 2021.
REUTERS/Brendan McDermid/File Photo

U.S. stock indexes opened lower on Friday following a strong two-day rally, as worries persisted about the spillover from debt-laden China Evergrande, while Nike tumbled after cutting its sales forecast.

The Dow Jones Industrial Average fell 2.51 points, or 0.01%, at the open to 34,762.31.

The S&P 500 opened lower by 10.94 points, or 0.25%, at 4,438.04, while the Nasdaq Composite dropped 90.63 points, or 0.60%, to 14,961.62 at the opening bell.

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