Stocks slightly lower at the open, with all eyes on debate and stimulus

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U.S. stocks opened modestly lower Tuesday after a big rally Monday as Wall Street awaited the presidential debate scheduled for Tuesday evening.

The Dow Jones Industrial Average DJIA, -0.10% slipped 27 points, 0.1%, to open near 27557, while the S&P 500 SPX, +0.04% lost 2 points or 0.1%, and traded near 3,349. The Nasdaq Composite COMP, +0.08% was off by 7 points, 0.1%, near 11,110.

In addition to the first presidential debate, investors are watching signs of progress toward an additional round of stimulus from Washington. Shares of discount retailer Big Lots Inc BIG, +6.72% jumped nearly 7% after the bell, after the company raised its guidance on earnings and same-store sales.

 

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