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3/22, 2:39 PM (Source: TeleTrader)
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US equities start lower amid Brexit, trade uncertainties

Wall Street opened in the negative territory on Friday, as Indonesia's largest airline aims to cancel a $5 billion order of 49 Boeing 737 Max 8 aircraft. United States President Donald Trump expressed hope the Federal Reserve won't do any more tightening, as market watchers estimated that the probability of the central bank's benchmark rate change increased. Meanwhile, media reported that a senior White House trade negotiator Clete Willems will announce his resignation.

The Dow Jones Industrial Average was reduced by 0.34% shortly after the opening bell, with JPMorgan Chase & Co., Walt Disney Company and Boeing Co. losing the most share value. The Nasdaq 100 traded 0.24% below the flat line, with Cintas Corporation plummeting 4.43%. The S&P 500 traded 0.40% in negative territory, as Biogen Inc.'s stocks lost 0.83%.

The euro lost 0.62% against the dollar, changing hands for 1.13028 at 9:30 am ET.

Breaking the News / MA