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MARKETS LIVE BLOG:

STOCKS TRADE HIGHER; DISNEY SINKS AFTER EARNINGS

Apple reportedly designing its own AI chips for data centres

Wall Street opens lower, weighed down by Apple

Reuters

(Reuters) - U.S. stocks opened lower on Monday as Apple weighed on the three major indexes and investors geared up for the first debate between U.S. presidential candidates Hillary Clinton and Donald Trump.

The Dow Jones Industrial Average was down 104.99 points, or 0.57 percent, at 18,156.46.

The S&P 500 was down 10.73 points, or 0.5 percent, at 2,153.96 and the Nasdaq Composite was down 32.99 points, or 0.62 percent, at 5,272.76.

(Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Savio D'Souza)