US: Wall St inches lower at open after selloff on Fed worries

US stock indexes opened lower on Tuesday (Dec 6) after a selloff in the prior session on fears the Federal Reserve could persist with interest rate hikes for longer, while focus shifted to Georgia runoff election that could decide the fate of the Senate.

The Dow Jones Industrial Average fell 10.23 points, or 0.03 per cent, at the open to 33,936.87.

The S&P 500 opened lower by 2.21 points, or 0.06 per cent, at 3,996.63, while the Nasdaq Composite dropped 11.52 points, or 0.10 per cent, to 11,228.42 at the opening bell. REUTERS