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US stocks open lower on rate jitters; Powell on deck
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Wall Street's main indexes opened lower on Thursday on persistent worries over prolonged restrictive monetary policy, while investors assessed economic data and awaited Federal Reserve chief Jerome Powell's remarks during the day.
The Dow Jones Industrial Average fell 30.83 points, or 0.09%, at the open to 33,519.44.
The S&P 500 opened lower by 4.86 points, or 0.11%, at 4,269.65, while the Nasdaq Composite dropped 49.48 points, or 0.38%, to 13,043.37 at the opening bell.
About this in other media
Wall St opens lower as yields rise ahead of Powell speech economictimes.indiatimes.com /7 months ago
Wall Street set to open lower as yields rise ahead of Powell speech economictimes.indiatimes.com /7 months ago
US stocks open higher as softer PCE data supports rate-pause hopes economictimes.indiatimes.com /7 months ago
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