US stock indices slipped more than 1 per cent on Tuesday as investors focussed on a slew of economic data this week.
The economic data could influence the extent of monetary policy easing by the US Federal Reserve this month.
At 10:09 a.m. the Dow Jones Industrial Average fell 431.56 points, or 1.04 per cent, to 41,131.52, the S&P 500 lost 63.42 points, or 1.12 per cent, to 5,584.98, and the Nasdaq Composite lost 263.57 points, or 1.49 per cent, to 17,450.06.
As of 9:35 am Eastern time, the S&P 500 was 0.7 per cent lower, the Dow Jones Industrial Average was down 0.4 per cent, and the Nasdaq Composite declined 1.1 per cent.
At the opening bell, the Dow Jones Industrial Average fell 73.41 points, or 0.18 per cent, to 41,489.67. The S&P 500 was lower by 24.51 points, or 0.43 per cent, at 5,623.89, while the Nasdaq Composite dropped 128.17 points, or 0.72 per cent, to 17,585.45.
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