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US STOCKS SNAPSHOT-Wall Street opens lower as changing rate expectations boost yields
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US STOCKS SNAPSHOT-Wall Street opens lower as changing rate expectations boost yields
Oct 7, 2024 6:56 AM

Oct 7 (Reuters) - Wall Street's main indexes fell at the

open on Monday, pressured by a rally in Treasury yields as

investors dialed back bets on the scope of the Federal Reserve

interest rate cuts this year.

The Dow Jones Industrial Average fell 63.2 points, or

0.15%, at the open to 42,289.51. The S&P 500 fell 13.3

points, or 0.23%, at the open to 5,737.8​, while the Nasdaq

Composite dropped 57.7 points, or 0.32%, to 18,080.115.

(Reporting by Lisa Mattackal in Bengaluru; Editing by Shinjini

Ganguli)

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