Wall Street opens lower as investors await Fed signal

(Reuters) – Wall Street’s main indexes opened lower on Monday, capping a month dominated by mixed earnings reports and expectations of the U.S. Federal Reserve toning down its hawkish stance on inflation.

The Dow Jones Industrial Average fell 107.53 points, or 0.33%, at the open to 32,754.27.

The S&P 500 opened lower by 19.21 points, or 0.49%, at 3,881.85, while the Nasdaq Composite dropped 74.02 points, or 0.67%, to 11,028.43 at the opening bell.

(Reporting by Amruta Khandekar in Bengaluru; Editing by Shounak Dasgupta)

Leave a Reply

Your email address will not be published. Required fields are marked *