Wall Street’s main indexes fell at open on Tuesday as investors continued to grapple with the prospects of a prolonged restrictive monetary policy by the Federal Reserve and its subsequent impact on the economy.
The Dow Jones Industrial Average fell 144.20 points, or 0.42%, at the open to 33,862.68.
Wall St opens lower on lingering concerns over elevated rates
The S&P 500 opened lower by 24.56 points, or 0.57%, at 4,312.88, while the Nasdaq Composite dropped 90.36 points, or 0.68%, to 13,180.96 at the opening bell.