US: Wall Street opens lower as bank contagion worries rise

WALL Street’s main indexes opened lower on Friday (Mar 24) as concerns over the banking sector’s health sapped the appetite for financial stocks.

The Dow Jones Industrial Average fell 67.03 points, or 0.21 per cent, at the open to 32,038.22.

The S&P 500 opened lower by 9.51 points, or 0.24 per cent, at 3,939.21, while the Nasdaq Composite dropped 39.78 points, or 0.34 per cent, to 11,747.62 at the opening bell. REUTERS