U.S. stocks opened lower on Monday, dragged down by financial stocks, as investors shunned risky bets on fears that a drawn-out trade war between the United States and China could force the global economy into recession.
The Dow Jones Industrial Average fell 117.53 points, or 0.45%, at the open to 26,169.91. The S&P 500 opened lower by 11.58 points, or 0.40%, at 2,907.07. The Nasdaq Composite dropped 51.65 points, or 0.65%, to 7,907.49 at the opening bell.
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