Wall St opens lower as oil jumps on renewed Mideast concerns

Wall Street’s main indexes opened lower on Thursday as oil prices surged following a Reuters report that Iran’s Supreme Leader Ayatollah Mojtaba Khamenei ordered the country’s near-weapons-grade uranium not be sent abroad, dimming hopes for progress in talks between Washington and Tehran.

The Dow Jones Industrial Average fell 25.5 points, or 0.05 percent, at the open to 49,983.8. The S&P 500 fell 22.2 points, or 0.30 percent, at the open to 7,410.78, while the Nasdaq Composite dropped 126.7 points, or 0.48 percent, to 26,143.616 at the opening bell.

Reuters

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