US: Wall Street opens lower as Netflix weighs
[NEW YORK] US stocks opened lower on Tuesday, as Netflix's sharp drop following weak subscriber growth weighed on consumer discretionary stocks and as investors awaited Federal Reserve Chair Jerome Powell's Congressional testimony.
The Dow Jones Industrial Average fell 30.44 points, or 0.12 per cent, at the open to 25,033.92.
The S&P 500 opened lower by 9.09 points, or 0.32 per cent, at 2,789.34. The Nasdaq Composite dropped 53.74 points, or 0.69 per cent, to 7,751.98 at the opening bell.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
H2G Green chief to stand trial on Aug 5 amid MOM probe
Singapore shares climb at Friday’s open; STI up 0.2%
Stocks to watch: DBS, KIT, Clint, Elite Commercial Reit
Europe: Shares ease after Federal Reserve decision, mixed earnings
US: Tech shares lead stocks higher