US: Wall Street falls at open as Big Tech stocks weigh

MEGACAP growth stocks dragged US stock indexes lower at the open on Thursday (May 5), a day after the Federal Reserve's less aggressive tone sparked a rally.

The Dow Jones Industrial Average fell 206.89 points, or 0.61 per cent, at the open to 33,854.17.

The S&P 500 opened lower by 29.74 points, or 0.69 per cent, at 4,270.43, while the Nasdaq Composite dropped 177.33 points, or 1.37 per cent, to 12,787.52 at the opening bell. REUTERS