US: Wall St opens lower as oil, Apple drag

JAN 27, 201611:02 PM

[NEW YORK] US stocks opened lower on Wednesday after oil prices gave up gains and as Apple's tepid quarterly revenue forecast weighed.

The Dow Jones industrial average was down 94.44 points, or 0.58 per cent, to 16,072.79; the S&P 500 was down 5.3 points, or 0.28 per cent, to 1,898.33; and the Nasdaq Composite index was down 20.16 points, or 0.44 per cent, to 4,547.51.

REUTERS