US stocks open lower as yields rise again

Synopsis

The S&P 500 opened lower by 6.81 points, or 0.17%, at 3,963.34, while the Nasdaq Composite dropped 7.96 points, or 0.07%, to 11,447.58 at the opening bell.

Dow, S&P 500 open lowerAP
Wall Street's main indexes opened lower on Wednesday as Treasury yields rose on bets of more rate hikes by the Federal Reserve that offset optimism from strong China manufacturing data.

The Dow Jones Industrial Average fell 0.33 points, or 0.00%, at the open to 32,656.37.

The S&P 500 opened lower by 6.81 points, or 0.17%, at 3,963.34, while the Nasdaq Composite dropped 7.96 points, or 0.07%, to 11,447.58 at the opening bell.

More to come....
Experience Your Economic Times Newspaper, The Digital Way!

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