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US: Wall St slips at open on hawkish Fed, weak industrial earnings

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US stocks opened lower on Thursday as some industrials reported disappointing results, while the Federal Reserve's minutes showed officials broadly agreed on raising interest rates further, fanning concerns that contributed to last week's sharp selloff.

[NEW YORK] US stocks opened lower on Thursday as some industrials reported disappointing results, while the Federal Reserve's minutes showed officials broadly agreed on raising interest rates further, fanning concerns that contributed to last week's sharp selloff.

The Dow Jones Industrial Average fell 61.12 points, or 0.24 per cent, at the open to 25,645.56.

The S&P 500 opened lower by 7.21 points, or 0.26 per cent, at 2,802.00. The Nasdaq Composite dropped 26.23 points, or 0.34 per cent, to 7,616.47 at the opening bell.

REUTERS

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