US: Wall St opens lower as rate worries keep Treasury yields elevated

WALL Street’s main indexes fell at the open on Tuesday (Sep 26) as investors continued to grapple with the prospects of a prolonged restrictive monetary policy by the Federal Reserve and its subsequent impact on the economy.

The Dow Jones Industrial Average fell 144.20 points, or 0.42 per cent, at the open to 33,862.68.

The S&P 500 opened lower by 24.56 points, or 0.57 per cent, at 4,312.88, while the Nasdaq Composite dropped 90.36 points, or 0.68 per cent, to 13,180.96 at the opening bell. REUTERS