Wall Street slides at open after mixed results from big banks

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Wall Street’s main indexes opened down on Friday as banking heavyweights JPMorgan, Wells Fargo and Citigroup kicked off the fourth-quarter earnings season with mixed results, while big technology companies extended losses after a bruising selloff.

The Dow Jones Industrial Average fell 117.19 points, or 0.32 per cent, at the open to 35,996.43.

The S&P 500 opened lower by 21.04 points, or 0.45 per cent, at 4,637.99, while the Nasdaq Composite dropped 98.79 points, or 0.67 per cent, to 14,708.02 at the opening bell.



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