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US STOCKS SNAPSHOT-Wall St opens lower as investors dial back bets on Fed rate cuts this year
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US STOCKS SNAPSHOT-Wall St opens lower as investors dial back bets on Fed rate cuts this year
Jan 13, 2025 7:00 AM

Jan 13 (Reuters) - Wall Street's main indexes opened

lower on Monday, as yields surged after robust payroll numbers

last week bolstered expectations that the Federal Reserve will

maintain a hawkish stance for most of 2025.

The Dow Jones Industrial Average fell 13.8 points, or

0.03%, at the open to 41,924.68. The S&P 500 fell 45.0

points, or 0.77%, at the open to 5,782.02​, while the Nasdaq

Composite dropped 258.0 points, or 1.35%, to 18,903.664

at the opening bell.

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