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Wall Street opens April lower

Apr 1, 2024 9:52 AM

US Stock Market Analysis Most US stock indices opened lower on Monday, the first session of April, following strong quarterly profits. Investors are evaluating the Federal Reserves monetary policy amidst this scenario. Federal Reserve's Monetary Policy Federal Reserve Chair Jerome Powell emphasized caution regarding rate cuts, citing inflation above the 2% target. Trading Overview Dow Jones dropped 0.6%, or 232 points, as of 14:58 GMT to 39,574. SP 500 declined 0.2%, or 12 points, to 5242. NASDAQ saw a decrease of 0.1%, or 4 points, to 16,375. The US stock indices reflect cautious sentiment as investors monitor quarterly earnings and Federal Reserve announcements.

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