US STOCKS SNAPSHOT-Wall St opens lower as Middle East turmoil clouds Fed outlook
Reuters03-20 21:33
US STOCKS SNAPSHOT-Wall St opens lower as Middle East turmoil clouds Fed outlook
March 20 (Reuters) - Wall Street's main indexes opened lower on Friday as the Iran war approached its fourth week, roiling energy markets and prompting investors to aggressively reprice bets on the Federal Reserve's interest-rate cuts.
The Dow Jones Industrial Average .DJI fell 45.8 points, or 0.10%, at the open to 45,975.65. The S&P 500 .SPX fell 11.8 points, or 0.18%, to 6,594.66, while the Nasdaq Composite .IXIC dropped 101.4 points, or 0.46%, to 21,989.333.
(Reporting by Johann M Cherian in Bengaluru; Editing by Maju Samuel)
((johann.mcherian@thomsonreuters.com;))
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