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US: Wall St edges lower

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Published Fri, Feb 10, 2023 · 10:42 PM
    • The Dow Jones Industrial Average fell 28.34 points, or 0.08 per cent, at the open to 33,671.54.
    • The Dow Jones Industrial Average fell 28.34 points, or 0.08 per cent, at the open to 33,671.54. PHOTO: REUTERS

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    US main stock indexes opened lower on Friday (Feb 10), with megacap growth companies under pressure after Treasury yields extended gains, while shares of Lyft plunged as the ride-hailing firm forecast current-quarter profit well below estimates.

    The Dow Jones Industrial Average fell 28.34 points, or 0.08 per cent, at the open to 33,671.54.

    The S&P 500 opened lower by 12.58 points, or 0.31 per cent, at 4,068.92, while the Nasdaq Composite dropped 74.98 points, or 0.64 per cent, to 11,714.60 at the opening bell. REUTERS

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