Markets Right Now: Stocks opening lower on Wall Street - Repost

Stocks are edging lower in early exchanging on Wall Street in the midst of speculator worries that the U.S.- China exchange war might intensify.

Speculators dread that U.S. President Donald Trump's looming Sept. 1 levy climb on progressively Chinese imports will abandon talks planned for closure their exchange war.

Banks and mechanical stocks are driving the market lower Monday. Bank of America is down 2.4% and Citigroup is down 2.1%, while General Electric is down 2.2%.

The S&P 500 fell 17 points, or 0.6%, to 2,900.

The Dow Jones Industrial Average lost 204 points, or 0.8%, to 26,079. The Nasdaq fell 53 points, or 0.7%, to 7,905.

The yield on the 10-year Treasury tumbled to 1.68%.