US stocks open lower as growth stocks rally wanes, Target slumps

US stocks open lower as growth stocks rally wanes, Target slumps
Reuters
Rate Story
Share
Font Size
Save
Comment
Synopsis

The Dow Jones Industrial Average fell 185.92 points, or 0.57%, at the open to 32,468.67.

AP
US stock indexes opened lower on Wednesday as a rally in growth shares faded and downbeat results from retailer Target Corp added to worries over surging inflation.

The Dow Jones Industrial Average fell 185.92 points, or 0.57%, at the open to 32,468.67.

The S&P 500 opened lower by 36.87 points, or 0.90%, at 4,051.98, while the Nasdaq Composite dropped 193.84 points, or 1.62%, to 11,790.68 at the opening bell.

Print Edition

Read the Print Edition now!

Indulge in digital reading experience of ET newspaper exactly as it is.

Read Now

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by