The Business Times

US:Wall St opens slightly lower after Fed's hawkish stance

Published Thu, Sep 21, 2017 · 02:08 PM
Share this article.

[NEW YORK] US stocks opened slightly lower on Thursday, even as the Dow managed to hit another record high, a day after the Federal Reserve signaled it could raise interest rates for the third time this year despite low inflation.

The Dow Jones Industrial Average fell 10.56 points, or 0.05 per cent, to 22,402.03. The S&P 500 lost 2.58 points, or 0.10 per cent, to 2,505.66. The Nasdaq Composite dropped 11.07 points, or 0.17 per cent, to 6,444.98.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here