Wall Street opens lower on fears of aggressive rate hikes

The Dow Jones Industrial Average (.DJI) fell 67.7 points, or 0.22%, at the open to 30206.13. The S&P 500 (.SPX) fell 11.3 points, or 0.30%, at the open to 3771.97, while the Nasdaq Composite (.IXIC) dropped 19.6 points, or 0.18%, to 11129.041 at the opening bell.

Reuters

October 06, 2022 / 20:02 IST

Wall Street's main indexes opened lower on Thursday amid worries of inflation and the Federal Reserve's aggressive tightening cycle, while investors assessed data showing an increase in weekly jobless claims.

The Dow Jones Industrial Average (.DJI) fell 67.7 points, or 0.22%, at the open to 30206.13. The S&P 500 (.SPX) fell 11.3 points, or 0.30%, at the open to 3771.97, while the Nasdaq Composite (.IXIC) dropped 19.6 points, or 0.18%, to 11129.041 at the opening bell.

Reuters

first published: Oct 6, 2022 08:02 pm

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Wall Street opens lower on fears of aggressive rate hikes

The Dow Jones Industrial Average (.DJI) fell 67.7 points, or 0.22%, at the open to 30206.13. The S&P 500 (.SPX) fell 11.3 points, or 0.30%, at the open to 3771.97​, while the Nasdaq Composite (.IXIC) dropped 19.6 points, or 0.18%, to 11129.041 at the opening bell.

The Dow Jones Industrial Average (.DJI) fell 67.7 points, or 0.22%, at the open to 30206.13. The S&P 500 (.SPX) fell 11.3 points, or 0.30%, at the open to 3771.97, while the Nasdaq Composite (.IXIC) dropped 19.6 points, or 0.18%, to 11129.041 at the opening bell.