market

US stocks open lower as Treasury yields climb; earnings in focus



Wall Street opened lower on Monday, as Treasury yields rose after Fed Chair Jerome Powell pushed back firmly against market speculations of imminent rate cuts, while investors assessed earnings from corporate America.

The Dow Jones Industrial Average fell 107.65 points, or 0.28%, at the open to 38,546.77. The S&P 500 opened lower by 1.42 points, or 0.03%, at 4,957.19, while the Nasdaq Composite dropped 14.96 points, or 0.10%, to 15,613.99 at the opening bell.

More to come….

(You can now subscribe to our ETMarkets WhatsApp channel)

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price



READ SOURCE

Read More   Editor: Hey Rockstar! You're Overpaid!

This website uses cookies. By continuing to use this site, you accept our use of cookies.