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Wall Street opens lower as Apple weighs, trade deadline looms

Reuters
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S.

(Reuters) - U.S. stocks opened modestly lower on Thursday, weighed down by losses in Apple after Credit Suisse said iPhone shipments sharply fell in China last month, while a U.S. tariff deadline on Chinese imports loomed.

The Dow Jones Industrial Average fell 12.96 points, or 0.05%, at the open to 27,898.34.

The S&P 500 opened lower by 0.40 points, or 0.01%, at 3,141.23. The Nasdaq Composite dropped 8.69 points, or 0.10%, to 8,645.36 at the opening bell.

(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Maju Samuel)