US: Wall St opens lower on earnings anxiety

Published Tue, Oct 11, 2022 · 09:49 PM
    • The S&P 500 opened lower by 16.53 points, or 0.46 per cent, at 3,595.86, while the Nasdaq Composite dropped 57.73 points, or 0.55 per cent, to 10,484.37 at the opening bell.
    • The S&P 500 opened lower by 16.53 points, or 0.46 per cent, at 3,595.86, while the Nasdaq Composite dropped 57.73 points, or 0.55 per cent, to 10,484.37 at the opening bell. photo: Bloomberg

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    US stock indexes opened lower on Tuesday (Oct 11) as investors awaited the earnings season to assess the impact of rising interest rates and inflation on corporate profit, while a rise in shares of drugmaker Amgen limited declines on the Dow.

    The Dow Jones Industrial Average fell 117.68 points, or 0.40 per cent, at the open to 29,085.20.

    The S&P 500 opened lower by 16.53 points, or 0.46 per cent, at 3,595.86, while the Nasdaq Composite dropped 57.73 points, or 0.55 per cent, to 10,484.37 at the opening bell. REUTERS

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