Wall Street opens lower as investors assess data, Microsoft falls
[NEW YORK] Wall Street’s main indexes opened lower on Wednesday (Dec 3), as investors assessed data pointing to a weak jobs market, while Microsoft fell after a report said the tech giant lowered its sales growth targets for certain artificial intelligence products.
The Dow Jones Industrial Average fell 102.8 points, or 0.22 per cent, at the open to 47,371.62.
The S&P 500 fell 14.1 points, or 0.21 per cent, at the open to 6,815.29, while the Nasdaq Composite dropped 98.1 points, or 0.42 per cent, to 23,315.58 at the opening bell. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30