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The stock market opened lower Thursday extending its losses.
The Dow fell 38 points to begin trading at 20,568 points and the S&P 500 lost 2 points to 2,354 points. The two indexes declined around 1.8 percent on Wednesday, marking their worst single-day performances since September.
The Nasdaq decreased 11 points to start the day at 5,999 points, after losing 2.5 percent Wednesday -- its biggest single-day decline since June.
The recent developments surrounding President Donald Trump have adversely affected the confidence of investors, according to experts.
Trump reportedly asked former FBI Director James Comey in February to terminate an investigation into former National Security Advisor Michael Flynn's Russia contacts. -
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