US stocks fall after volatile trading in Asia and Europe

Stocks have opened modestly lower on Wall Street following volatile trading in Asia and Europe.

US markets are coming off their steepest losses in eight months but a report showing only a modest rise in consumer prices seemed to calm investors just before markets opened.

Tech stocks, which were hit hard on Wednesday, fell slightly in early trading. Apple shares fell 1.2%.

Asian stock markets were hit by volatile trading (AP)

Earnings season is getting under way, and Delta Air Lines shares rose 3.8% after the airline beat profit expectations.

The S&P 500 index fell four points, or 0.1%, to 2,781 in early trading.

The Dow Jones Industrial Average lost 101 points, or 0.4%, to 25,497. The Nasdaq composite rose less than a point to 7,422.

Bond prices rose while the yield on the 10-year Treasury fell to 3.17%.

- Press Association

More in this Section

Ireland selected as EU offshore wind testing site

Sterling and Irish bank shares hit by increased risk of no-deal Brexit

Ex Quinn Group executives 'very reluctant' witnesses in children's case, judge told

Government urged to clarify offshore drilling policy


Learning Points: Game, set, and match for toxic masculinity?

A Question of Taste: Derek Burke

Double act on a one-woman play

The early career and defection of Rudolf Nureyev who captivated Paris

More From The Irish Examiner