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Dow Jones Industrial Average

Last Updated at 19 Mar 2018, 19:58 GMT *Chart shows local time Dow Jones intraday chart
value change %
24610.91 -
value change %

Nasdaq Index

7344.24 -

S&P 500 Cash Index - Chicago Mercantile Exchange

2712.92 -

(Open): US shares have opened lower as investors struggled to find reasons to keep buying with indexes still hovering near record levels.

The Dow Jones was down 0.37% at 16,883.09, the S&P 500 was down 0.27% at 1,945.43 and the Nasdaq was down 0.41%, at 4,320.22.

Shares in Apple and Starbucks were lower - down 0.3% at $94.225 and 0.6% at $74.155 respectively - after the European Commission launched an investigation into the two companies' tax affairs.

The Commission said it had opened three in-depth investigations into tax decisions affecting Apple, Starbucks and Fiat Finance and Trade in Ireland, the Netherlands and Luxembourg.

JPMorgan was also 0.55% lower at $57.58 after chief financial officer Marianne Lake affirmed the investment bank's earlier statements that second-quarter capital markets revenue would probably be down about 20% from a year earlier.

Shares in the Bancorp fell 34.57% to $10.6 following an announcement from the lender that it will be restricted from issuing non-benefit reloadable prepaid card programmes until it complies with obligations issued by the Federal Deposit Insurance Corporation under the Bank Secrecy Act.

Eli Lilly shares dropped 0.27% to $59.59 after it said its recently approved stomach cancer drug Cyramza failed to prolong the lives of patients with advanced liver cancer in a late-stage trial.