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US stocks open lower after GDP data, Fed

Data showed that US GDP growth was below expectations

Traders work on the floor of the New York Stock Exchange

Traders work on the floor of the New York Stock Exchange

Reuters

US stocks opened lower on Thursday, after the Federal Reserve revived expectations of an increase in interest rates in December and data showed that US GDP growth was below expectations.

The Dow Jones industrial average was down 43.66 points, or 0.25 percent, at 17,735.86, the S&P 500 lost 5.58 points, or 0.27 percent, to 2,084.77 and the Nasdaq Composite index was down 25.79 points, or 0.51 percent, at 5,069.90.

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First Published: Oct 29 2015 | 7:15 PM IST

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