NEW YORK | Markets Right Now: Stocks open sharply lower on Wall Street
NEW YORK — The latest on developments in financial markets (all times local):
Stocks are opening sharply lower as the arrest of a senior Chinese technology executive threatened to worsen trade tensions between China and the U.S.
The price of oil also fell sharply early Thursday as OPEC leaders gathered to discuss possible cuts in production.
The Dow Jones Industrial Average dropped as much as 500 points before erasing some of its losses.