Wall Street opens weak on risk aversion

U.S. stocks moved lower following a sluggish opening to the day as rising geopolitical concerns weigh on the investors' sentiment and make the safer assets, such as Gold and JPY, more desirable.

President Donald Trump is said to be ready to make additional military strikes if Syrian government uses chemical weapons again. Additionally, North Korea made threats of a nuclear attack if provoked by the U.S. Navy, which moved into the Korean Peninsula on Sunday. North Korea is getting prepared for a military parade on April 15 to celebrate the birth anniversary of the founder Kim Il-sung.

Furthermore, after having recorded a gain of 1.7% on Monday, crude oil is retreating on Tuesday with the barrel of West Texas Intermediate down 0.6% at 52.75$, dragging energy shares down.

As of writing, the Dow Jones Industrial Average was down 87.57 points, or 0.42%, at 20,570.45, the S&P 500 was down 15.75 points, or 0.67%, at 2,336.50 and the Nasdaq Composite was down 39.16 points, or 0.67%, at 5,841.77.