US: Wall Street opens lower as Microsoft offsets oil relief

US stock indexes opened lower on Thursday (Jun 2) as shares of Microsoft fell after the company lowered its profit forecast, offsetting relief from a pullback in oil prices that eased worries about rising inflation.

The Dow Jones Industrial Average fell 4.22 points, or 0.01 per cent, at the open to 32,809.01.

The S&P 500 opened lower by 5.82 points, or 0.14 per cent, at 4,095.41, while the Nasdaq Composite dropped 48.89 points, or 0.41 per cent, to 11,945.57 at the opening bell. REUTERS