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Wall Street opens lower after J&J vaccine data

The Dow Jones Industrial Average fell 49.5 points, or 0.16 percent, at the open to 30553.91.

January 29, 2021 / 08:44 PM IST
Source: Reuters

Source: Reuters

Wall Street's main indexes opened lower on Friday after COVID-19 vaccine data from Johnson & Johnson hurt sentiment and added to worries over a growing standoff between hedge funds and retail investors.

The Dow Jones Industrial Average fell 49.5 points, or 0.16 percent, at the open to 30553.91.

The S&P 500 fell 9.3 points, or 0.25 percent, at the open to 3778.05, while the Nasdaq Composite dropped 52.4 points, or 0.39 percent, to 13284.719 at the opening bell.