US: Wall Street opens lower ahead of service data

WALL Street’s main indexes opened lower on Monday (Dec 5) as investors maintained a cautious stance ahead of data, including a report on the US services sector, to gauge the Federal Reserve’s next move at its rate-setting meeting later this month.

The Dow Jones Industrial Average fell 94.1 points, or 0.27 per cent, at the open to 34335.73.

The S&P 500 dipped 19.7 points, or 0.48 per cent, at the open to 4052.02, while the Nasdaq Composite dropped 80.5 points, or 0.70 per cent, to 11380.991 at the opening bell. REUTERS