Wall Street slips at open as Italy's political turmoil weighs

[May 29, 2018]  (Reuters) - U.S. stocks opened sharply lower on Tuesday as investors switched cash into perceived safe havens of global financial markets due to a deepening political crisis in Italy.

The Dow Jones Industrial Average <.DJI> fell 146.50 points, or 0.59 percent, at the open to 24,606.59. The S&P 500 <.SPX> opened lower by 16.22 points, or 0.60 percent, at 2,705.11. The Nasdaq Composite <.IXIC> dropped 35.34 points, or 0.48 percent, to 7,398.51 at the opening bell.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Arun Koyyur)

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