US stock market opens lower

NEW YORK (AA) – Wall Street opened lower Tuesday as the decline in European stock markets created a negative sentiment across the Atlantic.

The Dow Jones fell 24 points to begin the day at 18,380. The S&P 500 was down 3 points to 2,168, while the Nasdaq lost 8 points to 5,176 at the start of the day.

At the U.S. stock opening, Germany's DAX index was down 1.28 percent, while the U.K.'s FTSE posted a 0.32 percent decrease, and France's CAC 40 saw a 1.42 percent decline.

Both personal spending and personal income for the month of June remained unchanged from the previous month, and came in at 0.4 and 0.2 percent, respectively, according to the Department of Commerce earlier Tuesday.

However, oil prices recovered slightly with a raise of around 2 percent.

At the first bell, American benchmark West Texas Intermediate traded at $40.76 a barrel with a 1.7 percent gain, and international benchmark Brent crude was up to $43.03 -- a 2.1 percent increase.