US: Wall St opens lower on pressure from elevated Treasury yields

Published Mon, Dec 30, 2024 · 10:43 PM
    • The Dow Jones Industrial Average fell 128.3 points, or 0.30 per cent, at the open to 42,863.86.
    • The Dow Jones Industrial Average fell 128.3 points, or 0.30 per cent, at the open to 42,863.86. PHOTO: BLOOMBERG

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    US MAIN stock indexes opened lower open on Monday (Dec 30), as sparse trading volumes and the spectre of rising Treasury yields cast a cloud over the traditionally strong year-end rally for equities.

    The Dow Jones Industrial Average fell 128.3 points, or 0.30 per cent, at the open to 42,863.86.

    The S&P 500 fell 50.2 points, or 0.84 per cent, at the open to 5,920.67​, while the Nasdaq Composite dropped 261.6 points, or 1.33 per cent, to 19,460.413 at the opening bell. REUTERS

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