US STOCKS SNAPSHOT-Wall Street opens lower as Microsoft offsets oil relief

US STOCKS SNAPSHOT-Wall Street opens lower as Microsoft offsets oil relief

U.S. stock indexes opened lower on Thursday as shares of Microsoft fell after the company lowered its profit forecast, offsetting relief from a pullback in oil prices that eased worries about rising inflation.

The Dow Jones Industrial Average fell 4.22 points, or 0.01%, at the open to 32,809.01.

The S&P 500 opened lower by 5.82 points, or 0.14%, at 4,095.41, while the Nasdaq Composite dropped 48.89 points, or 0.41%, to 11,945.57 at the opening bell.

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