US: Wall St slips at open on hawkish Fed, weak industrial earnings
[NEW YORK] US stocks opened lower on Thursday as some industrials reported disappointing results, while the Federal Reserve's minutes showed officials broadly agreed on raising interest rates further, fanning concerns that contributed to last week's sharp selloff.
The Dow Jones Industrial Average fell 61.12 points, or 0.24 per cent, at the open to 25,645.56.
The S&P 500 opened lower by 7.21 points, or 0.26 per cent, at 2,802.00. The Nasdaq Composite dropped 26.23 points, or 0.34 per cent, to 7,616.47 at the opening bell.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Companies still in search of AI use cases with worthwhile ROI, says Broadcom’s CEO
Beauty World Plaza up for collective sale for S$165 million
Trouble in paradise: Bali runs low on fuel, sparking long lines at pumps
Philippine power giant First Gen rebuffs foreign offers, plans up to US$2.6 billion in expansion