Stocks Open Lower Amid Trump, Brexit Uncertainty
U.S. stocks opened lower on Tuesday, pressured after President-elect Donald Trump told The Wall Street Journal that the dollar was "too strong," raising new questions about the types of economic policies he might pursue when he takes office later this week. Investors also digested comments from British Prime Minister Theresa May, who spoke about the country's upcoming exit from the European Union. On the upside, both Morgan Stanley and UnitedHealth Group reported strong quarterly results. The Dow Jones Industrial Average fell 48 points, or 0.2%, to 19,836. The S&P 500 lost 7 points, or 0.3%, to 2,268. The Nasdaq Composite Index slid 19 points to 5,555, a loss of 0.3%.
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