Economic news
Wall Street opens lower as tech-driven rally eases
2022.06.08 17:50
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FILE PHOTO: The logo of Microsoft is seen at an office building in Wallisellen, Switzerland December 21, 2020. REUTERS/Arnd Wiegmann
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(Reuters) – Wall Street’s main indexes opened lower on Wednesday, as a rally in technology and growth stocks eased, while higher oil prices stoked worries of a further rise in global inflation.
The Dow Jones Industrial Average fell 93.07 points, or 0.28%, at the open to 33,087.07. The S&P 500 opened lower by 13.56 points, or 0.33%, at 4,147.12, while the Nasdaq Composite dropped 27.95 points, or 0.23%, to 12,147.28 at the opening bell.
