US: Wall St opens lower after Fed-driven rally

[NEW YORK] US stock indexes opened lower on Thursday (Mar 17) as investors assessed the Federal Reserve's hawkish stance in the face of surging inflation, while keeping a wary eye on developments around the Ukraine crisis.

The Dow Jones Industrial Average fell 67.71 points, or 0.20 per cent, at the open to 33,995.39.

The S&P 500 opened lower by 12.75 points, or 0.29 per cent, at 4,345.11, while the Nasdaq Composite dropped 75.83 points, or 0.56 per cent, to 13,360.72 at the opening bell. REUTERS