Wall Street opens lower as tech weighs

US stock indices opened the first session of the week lower with tech leading the decline amid a lack of data from the US today while the earnings season for major US banks and corporations commences. 

City Group's results misses estimates, reinforcing concerns about the slower global economy, especially after Chinese data showed lower imports and exports last month, while a US government shutdown entered its fourth week in a row. 

Stock Performance 

As of 03:30 GMT, Standard and Poor's 500 shed 0.52%, or 13.45 points to 2,582.81, while Dow Jones slid 0.49%, or 118.08 points to 23,877.87. 

Tech-heavy Nasdaq dropped 0.75%, or 52.48 points to 6,919.00.