• Shortly after the opening bell, the Dow Jones Industrial Average stood at 25,261.79, down 0.6 percent.

NEW YORK: Wall Street stocks opened mostly lower Friday amid rising US-China tensions as data showed a big drop in consumption spending in April.

Shortly after the opening bell, the Dow Jones Industrial Average stood at 25,261.79, down 0.6 percent.

The broad-based S&P 500 fell 0.3 percent to 3,019.80, while the tech-rich Nasdaq Composite Index was up 0.1 percent at 9,378.46.