US: Wall St opens lower on Fed fears; Tyson Foods slides

Published Mon, Feb 6, 2023 · 10:45 PM
    • The Dow Jones Industrial Average fell 51.57 points, or 0.15 per cent, at the open to 33,874.44.
    • The Dow Jones Industrial Average fell 51.57 points, or 0.15 per cent, at the open to 33,874.44. PHOTO: REUTERS

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    US stock indexes edged lower on Monday (Feb 6) with Tyson Foods falling on disappointing quarterly results, while investors re-assessed their predictions on when the US Federal Reserve would start cutting rates.

    The Dow Jones Industrial Average fell 51.57 points, or 0.15 per cent, at the open to 33,874.44.

    The S&P 500 opened lower by 16.91 points, or 0.41 per cent, at 4,119.57, while the Nasdaq Composite dropped 102.55 points, or 0.85 per cent, to 11,904.41 at the opening bell. REUTERS

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