Wall St opens lower as Middle East turmoil clouds Fed outlook

[NEW YORK] Wall Street’s main indexes opened lower on Friday (Mar 20) as the Iran war approached its fourth week, roiling energy markets and prompting investors to aggressively reprice bets on the Federal Reserve’s interest-rate cuts.

The Dow Jones Industrial Average fell 45.8 points, or 0.10 per cent, at the open to 45,975.65.

The S&P 500 fell 11.8 points, or 0.18 per cent, to 6,594.66​, while the Nasdaq Composite dropped 101.4 points, or 0.46 per cent, to 21,989.333. REUTERS