US: Wall Street opens lower as Treasury yields rise

WALL Street’s main indexes fell at the open on Tuesday (Feb 28) as Treasury yields rose on bets of more interest rate hikes from the Federal Reserve.

The Dow Jones Industrial Average fell 15.62 points, or 0.05 per cent, at the open to 32,873.47.

The S&P 500 opened lower by 5.05 points, or 0.13 per cent, at 3,977.19, while the Nasdaq Composite dropped 15.93 points, or 0.14 per cent, to 11,451.05 at the opening bell. REUTERS