US: Wall Street opens lower as tech-driven rally eases

WALL Street’s main indexes opened lower on Wednesday, as a rally in technology and growth stocks eased, while higher oil prices stoked worries of a further rise in global inflation.

The Dow Jones Industrial Average fell 93.07 points or 0.28 per cent at the open to 33,087.07.

The S&P 500 opened lower by 13.56 points or 0.33 per cent at 4,147.12, while the Nasdaq Composite dropped 27.95 points or 0.23 per cent to 12,147.28 at the opening bell. REUTERS