financetom
Market
financetom
/
Market
/
US STOCKS SNAPSHOT-Wall Street slides at open as inflation concerns hit rate-sensitive stocks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US STOCKS SNAPSHOT-Wall Street slides at open as inflation concerns hit rate-sensitive stocks
Mar 15, 2024 6:53 AM

March 15 (Reuters) - Wall Street opened lower on Friday

as worries of sticky inflation impacting the timing of the first

interest-rate cuts by the Federal Reserve roiled rate-sensitive

stocks, ahead of the central bank's meeting next week.

The Dow Jones Industrial Average fell 96.01 points,

or 0.25%, at the open to 38,809.65.

The S&P 500 opened lower by 27.17 points, or 0.53%,

at 5,123.31, while the Nasdaq Composite dropped 84.95

points, or 0.53%, to 16,043.58 at the opening bell.

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 >
Copyright 2023-2026 - www.financetom.com All Rights Reserved