Business Standard

Monday, January 06, 2025 | 05:43 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Wall Street opens lower as Sept rate hike in focus

Image

Reuters

REUTERS - U.S. stocks opened lower on Monday after weekend comments from Federal Reserve Vice Chairman Stanley Fischer appeared to keep the possibility of a September rate hike alive.

The Dow Jones industrial average fell 94.1 points, or 0.57 percent, to 16,548.91, the S&P 500 lost 9.69 points, or 0.49 percent, to 1,979.18 and the Nasdaq composite dropped 28.97 points, or 0.6 percent, to 4,799.36.

(Reporting By Sudarshan Varadhan; Editing by Saumyadeb Chakrabarty)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 31 2015 | 7:06 PM IST

Explore News