US: Wall Street opens lower as investors await Fed signal

Published Mon, Oct 31, 2022 · 09:51 PM
    • The Dow Jones Industrial Average fell 107.53 points, or 0.33 per cent, at the open to 32,754.27.
    • The Dow Jones Industrial Average fell 107.53 points, or 0.33 per cent, at the open to 32,754.27. photo: AFP

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    WALL Street’s main indexes opened lower on Monday (Oct 31), capping a month dominated by mixed earnings reports and expectations of the US Federal Reserve toning down its hawkish stance on inflation.

    The Dow Jones Industrial Average fell 107.53 points, or 0.33 per cent, at the open to 32,754.27.

    The S&P 500 opened lower by 19.21 points, or 0.49 per cent, at 3,881.85, while the Nasdaq Composite dropped 74.02 points, or 0.67 per cent, to 11,028.43 at the opening bell. REUTERS

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