APUS stock indexes opened lower on Wednesday after a rally in the previous session, with investor focus squarely on Federal Reserve Chair Jerome Powell's congressional testimony for cues on interest rate hikes and the state of the economy.
The Dow Jones Industrial Average fell 177.68 points, or 0.58%, at the open to 30,352.57.
The S&P 500 opened lower by 30.90 points, or 0.82%, at 3,733.89, while the Nasdaq Composite dropped 127.35 points, or 1.15%, to 10,941.95 at the opening bell.
The Dow Jones Industrial Average fell 177.68 points, or 0.58%, at the open to 30,352.57.
The S&P 500 opened lower by 30.90 points, or 0.82%, at 3,733.89, while the Nasdaq Composite dropped 127.35 points, or 1.15%, to 10,941.95 at the opening bell.
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.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by