(Reuters) – The S&P 500 and Nasdaq ticked lower on Tuesday as President Donald Trump’s moves to force China-owned TikTok into a sale of its U.S. operations drew a sharp rebuke from Beijing, ratcheting up tensions as the world slides into a pandemic-fuelled recession.
The S&P 500 () opened lower by 4.69 points, or 0.14%, at 3,289.92. The Nasdaq Composite () dropped 4.91 points, or 0.04%, to 10,897.89 at the opening bell.
The Dow Jones Industrial Average () rose 0.21 points at the open to 26,664.61.
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