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Wall Street opens flat on simmering U.S.-China tensions | amNewYork

Wall Street opens flat on simmering U.S.-China tensions

FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. (REUTERS/Carlo Allegri)

BY PAWEL GORAJ

U.S. stocks opened flat on Friday as investors pitted hopes of more stimulus to revive an ailing economy against deteriorating U.S.-China relations over Beijing’s move to impose a national-security law in Hong Kong.

The Dow Jones Industrial Average fell 12.14 points, or 0.05%, at the open to 24,461.98.

The S&P 500 opened lower by 0.46 points, or 0.02%, at 2,948.05, while the Nasdaq Composite dropped 6.33 points, or 0.07%, to 9,278.55 at the opening bell.

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