US stocks open lower amid tensions in Middle East

2019-09-16 15:11:17 GMT (Economies.com)
US stocks open lower amid tensions in Middle East

US stocks opened lower today amid geopolitical concerns in global markets after terrorist attacks on oil facilities in Saudi Arabia, due to tensions in the Middle East, after sabotage attacks on 2 Saudi oil facilities.

 

News agencies reported on the weekend two drone attacks on two Aramco's oil facilities, which hampered Saudi production.

 

Market's experts are worried about the impact of the 2 attacks, which led oil to jump by the biggest daily rate since the the first Gulf War, which pressure government and households' expenses in several consuming countries.

 

Tomorrow the US Federal Reserve meeting will launch until Wednesday, and will be followed by an interest rate decision.

 

As of 14:37 GMT, Dow Jones fell by 0.5% or 140 points to 27,077 points, Nasdaq fell by 0.3% or 28 points to 8,148, and S&P 500 fell by 0.3% or 10 points to 2,996.

 
 
 
  Symbol Last Change Chg.%
1.1163
-0.0003
0.0260%
1.2977
0.0025
0.1903%
17.712
0.167
0.953%
53.361
-0.346
0.645%
58.82
-0.59
0.99%
1491.505
1.350
0.091%
 
 
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Europe
 
Asia