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US stocks slip at open as investors pause after rate-cut driven surge
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Wall Street's main indexes opened slightly lower on Friday as investors held back after a jump in the previous session that was sparked by an oversized interest rate cut by the Federal Reserve.
The Dow Jones Industrial Average fell 65.8 points, or 0.16%, at the open to 41959.43.
The S&P 500 fell 4.0 points, or 0.07%, at the open to 5709.64, while the Nasdaq Composite dropped 14.6 points, or 0.08%, to 17999.345 at the opening bell.
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. Read more on economictimes.indiatimes.com
About this in other media
Posthaste: Bank of Canada can go bigger on rate cuts as Fed 'blows the door wide open' financialpost.com /2 months ago
Americans are desperate for relief. The rate cut is a glimmer of hope. livemint.com /2 months ago
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut abcnews.go.com /2 months ago
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