NEW YORK (Archyde.com) – Wall Street indexes opened lower on Monday, pressured by the performance of high-growth companies, with higher Treasury yields and ahead of inflation data due tomorrow and may support a more hawkish stance from the Federal Reserve (the US Central Bank). .
The Dow Jones Industrial Average fell 90.9 points, or 0.26 percent, to open at 34,630.27.
The Standard & Poor’s 500 index opened down 25.6 points, or 0.57 percent, at 4,462.64, while the Nasdaq Composite Index fell 163.7 points, or 1.19 percent, to 1,3547,293 at the opening bell.
Wall Street opens lower as bond yields rise
