US stocks open lower, Dow Jones falls below 28,000

US stocks opened lower on the first session of December, amid the lingering uncertainty about the trade talks between the US and China.

Officials from Washington and Beijing haven't revealed the results of the ongoing trade talks, with only positive remarks from both sides have been made.

However, it is widely expected that the US and China are heading to sign the phase one trade deal soon.

The markets will focus on the US monthly jobs report later this week, which provides insight on the US labor market.

As for stocks, Dow Jones fell by 0.5% or 150 points to 27,897 as of 15:05 GMT, Nasdaq lost 1.1% or 96 points to 8,570, and S&P 500 fell by 0.3% or 9 points to 3,131.