US: Wall St opens lower as megacaps fall; economic data in focus
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WALL Street’s main indexes opened lower on Thursday (Oct 26), as megacap stocks remained under pressure from elevated Treasury yields, while investors took stock of recent Big Tech earnings and a mixed batch of economic data.
The Dow Jones Industrial Average fell 18.76 points, or 0.06 per cent, at the open to 33,017.17.
The S&P 500 opened lower by 10.78 points, or 0.26 per cent, at 4,175.99, while the Nasdaq Composite dropped 52.26 points, or 0.41 per cent, to 12,768.97 at the opening bell. REUTERS
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