Don’t miss the latest developments in business and finance.

Wall Street opens slightly lower after Fed's hawkish stance

Image
Reuters
Last Updated : Sep 21 2017 | 7:42 PM IST

(Reuters) - U.S. stocks opened slightly lower on Thursday, even as the Dow managed to hit another record high, a day after the Federal Reserve signaled it could raise interest rates for the third time this year despite low inflation.

The Dow Jones Industrial Average fell 10.56 points, or 0.05 percent, to 22,402.03. The S&P 500 lost 2.58 points, or 0.10 percent, to 2,505.66. The Nasdaq Composite dropped 11.07 points, or 0.17 percent, to 6,444.98.

(Reporting by Tanya Agrawal; Editing by Arun Koyyur)

Also Read

First Published: Sep 21 2017 | 7:26 PM IST

Next Story