Wall Street falls at the open, Dow off 120 pts

NEW YORK: US stocks opened lower on Wednesday with the Dow Jones Industrial Average falling over 120 points as an almost 2 percent gain in the previous session failed to calm the nerves following the blue-chip index’s biggest intraday fall on Monday.

The Dow Jones Industrial Average fell 108.2 points, or 0.43 percent, to 24,804.57. The S&P 500 lost 8.22 points, or 0.30 percent, to 2,686.92. The Nasdaq Composite dropped 22.22 points, or 0.31 percent, to 7,093.66.