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21 July 05: US Stocks Open Lower


U.S. stocks have opened lower Thursday amid reports of explosions at three London subway stations and a city bus.

The Dow Jones Industrial Average fell 25 points to 10,664. The S&P 500 is down nearly $3.00 at 1,232, and the Nasdaq Composite Index fell nearly two points at 2,187 London's Financial Times index is nearly six points lower at 5,209.

The CAC-40 in Paris is unchanged at 4,434. The DAX index in Frankfurt is 46 points higher at 4,831.

Tokyo's Nikkei index lost three points to finish at 11,787. The Hang Seng index in Hong Kong closed up 17 points at 14,620.

The news of the London explosions overshadowed indications U.S. stocks were poised for gains after China said it was revaluing its currency.

The price of gold in London is $425.10 cents an ounce, up three dollars. The dollar in London is mixed against other major currencies.

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