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US STOCKS SNAPSHOT-Wall Street opens lower on inflation, rate hike angst

US STOCKS SNAPSHOT-Wall Street opens lower on inflation, rate hike angst

reuters.com · 06/09/2022 09:31
US STOCKS SNAPSHOT-Wall Street opens lower on inflation, rate hike angst

- Wall Street's main indexes opened lower on Thursday as rising bond yields pressured technology and growth stocks, while concerns around surging inflation and the path for interest rate hikes sapped risk appetite.

The Dow Jones Industrial Average .DJI fell 82.28 points, or 0.25%, at the open to 32,828.62.

The S&P 500 .SPX opened lower by 14.12 points, or 0.34%, at 4,101.65, while the Nasdaq Composite .IXIC dropped 69.80 points, or 0.58%, to 12,016.47 at the opening bell.


(Reporting by Devik Jain in Bengaluru; Editing by Anil D'Silva)

((Devik.Jain@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2062; ;))