US: Wall St opens lower as rate hike worries weigh

[NEW YORK] stocks dipped slightly at the open on Monday as investors worried about the prospect of the Federal Reserve raising interest rates as soon as September, after Friday's strong jobs report.

At 9:31 am EDT the Dow Jones industrial average was down 9.48 points, or 0.05 per cent, at 17,839.98, the S&P 500 was down 2.15 points, or 0.1 per cent, at 2,090.68 and the Nasdaq Composite was down 3.86 points, or 0.08 per cent, at 5,064.60.

REUTERS