Wall Street slides at open after mixed results from big banks


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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