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Wall Street opens lower as oil prices weigh

by aya salah

Wall Street opened lower on Monday as oil prices plunged towards six-year lows and data indicated manufacturing activity in New York state contracted in August.

The Dow Jones industrial average .DJI fell 130.18 points, or 0.74 percent, to 17,347.22, the S&P 500 .SPX lost 11.75 points, or 0.56 percent, to 2,079.79 and the Nasdaq composite .IXIC dropped 25.61 points, or 0.51 percent, to 5,022.62. Source: Reuters

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