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image: Bloomberg News/File

US stocks tumble in first day of 2019 trading

January 2, 2019

Via: ABC News

The U.S. stock market started 2019 in negative territory as a slowing Chinese economy weighed on equities.

The Dow Jones Industrial Average was down 1.6 percent in early trading. The tech heavy Nasdaq also opened lower, down 1.7 percent. The S&P 500, however, was up 0.9 percent.

On Monday, the Dow ended its worst year in a decade after a month of highly volatile trade, with losses also dragging the NASDAQ into bear territory last year, or 20 percent off of its high.

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