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US: Wall Street dips at open after ECB decision

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US stocks opened slightly lower on Thursday led by financial stocks as investors digested the European Central Bank's move to push out its first post-crisis rate hike until at least 2020 and a new round of cheap loans to boost the euro zone economy.

[NEW YORK] US stocks opened slightly lower on Thursday led by financial stocks as investors digested the European Central Bank's move to push out its first post-crisis rate hike until at least 2020 and a new round of cheap loans to boost the euro zone economy.

The Dow Jones Industrial Average fell 28.01 points, or 0.11 per cent, at the open to 25,645.45.

The S&P 500 opened lower by 4.92 points, or 0.18 per cent, at 2,766.53. The Nasdaq Composite dropped 22.13 points, or 0.29 per cent, to 7,483.79 at the opening bell.

REUTERS

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