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US: Wall St falls at open as Middle East tensions grow

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Published Wed, Oct 18, 2023 · 09:44 PM
    • The S&P 500 opened lower by 15.85 points, or 0.36 per cent, at 4,357.35, while the Nasdaq Composite dropped 94.07 points, or 0.70 per cent, to 13,439.68 at the opening bell.
    • The S&P 500 opened lower by 15.85 points, or 0.36 per cent, at 4,357.35, while the Nasdaq Composite dropped 94.07 points, or 0.70 per cent, to 13,439.68 at the opening bell. PHOTO: AFP

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    WALL Street’s main indexes opened lower on Wednesday (Oct 18) as growing tensions in the Middle East spurred safe-haven demand, with investors also focused on earnings to gauge the impact of inflation and high interest rates on businesses.

    The Dow Jones Industrial Average fell 37.40 points, or 0.11 per cent, at the open to 33,960.25.

    The S&P 500 opened lower by 15.85 points, or 0.36 per cent, at 4,357.35, while the Nasdaq Composite dropped 94.07 points, or 0.70 per cent, to 13,439.68 at the opening bell. REUTERS

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