US: Wall St opens lower on downbeat earnings, rate jitters
Add BT as a preferred source
US stock indexes opened lower on Thursday (Apr 20) as disappointing results from Tesla, AT&T and some regional banks dented investor sentiment already soured by prospects of further U.S. interest rate hikes.
The Dow Jones Industrial Average fell 156.41 points, or 0.46 per cent, at the open to 33,740.60.
The S&P 500 opened lower by 24.04 points, or 0.58 per cent, at 4,130.48, while the Nasdaq Composite dropped 118.15 points, or 0.97 per cent, to 12,039.08 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
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Indonesia bets on creative economy, IP for growth amid rising global competition
