financetom
Market
financetom
/
Market
/
US STOCKS SNAPSHOT-Wall St opens lower as megacaps drag
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US STOCKS SNAPSHOT-Wall St opens lower as megacaps drag
May 8, 2024 7:06 AM

May 8 (Reuters) - U.S. stock indexes opened lower on

Wednesday, dragged down by megacap stocks including Tesla as

Treasury yields rebounded with investors seeking more clarity on

the Federal Reserve's plans for interest rate cuts.

The Dow Jones Industrial Average fell 65.4 points, or

0.17%, at the open to 38818.9. The S&P 500 fell 18.7

points, or 0.36%, at the open to 5168.98​, while the Nasdaq

Composite dropped 106.5 points, or 0.65%, to 16226.067

at the opening bell.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Shinjini

Ganguli)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tariff Headlines Weigh on Investor Sentiment, Driving Premarket Losses for US Equity Futures
Tariff Headlines Weigh on Investor Sentiment, Driving Premarket Losses for US Equity Futures
Jul 14, 2025
08:03 AM EDT, 07/14/2025 (MT Newswires) -- US equity futures were lower pre-bell Monday after President Donald Trump threatened 30% tariffs on imports from Mexico and Europe, starting Aug. 1. Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were down 0.3%. Investors are also looking ahead to earnings from major banks, including JP Morgan Chase (JPM), Citigroup...
ImmunoPrecise Antibodies Regains Nasdaq Compliance Over Minimum Bid Price, Shares Up Pre-Bell
ImmunoPrecise Antibodies Regains Nasdaq Compliance Over Minimum Bid Price, Shares Up Pre-Bell
Jul 14, 2025
08:24 AM EDT, 07/14/2025 (MT Newswires) -- ImmunoPrecise Antibodies ( IPA ) said Monday that it has regained compliance with a minimum bid price requirement to trade on the Nasdaq stock market. For 10 consecutive trading days between June 26 to July 10, the closing bid price of the company's shares was at or above $1 per share, satisfying the...
FTSE 100 hovers near record highs as investors monitor tariffs, rate path
FTSE 100 hovers near record highs as investors monitor tariffs, rate path
Jul 14, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * FTSE 100 up 0.4%; FTSE 250 gains 0.3% * AstraZeneca ( AZN ) gains after drug meets late study goals * Associated British Foods ( ASBFF ) up after stock upgrade June 13 (Reuters) - The UK's blue chip...
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday Amid Fresh Tariff Warnings
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday Amid Fresh Tariff Warnings
Jul 14, 2025
08:46 AM EDT, 07/14/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.3% and the actively traded Invesco QQQ Trust (QQQ) retreated 0.3% in Monday's premarket activity, amid fresh tariff warnings from US President Donald Trump targeting the European Union and Mexico. US stock futures were also lower, with S&P...
Copyright 2023-2026 - www.financetom.com All Rights Reserved