U.S. Stock Indexes Slip Amid Micron Slump and Economic Data Caution
U.S. main stock indexes experienced a downturn at Thursday's open due to a decline in Micron stocks following a lackluster forecast. The Dow Jones, S&P 500, and Nasdaq Composite all registered slight losses, as investors evaluated various economic data ahead of a key upcoming inflation report.
U.S. main stock indexes slipped at open on Thursday as a slump in Micron after a lackluster forecast weighed on some semiconductor stocks, while investors parsed a string of economic data ahead of this week's crucial inflation report.
The Dow Jones Industrial Average fell 20.70 points, or 0.05%, at the open to 39,107.10. The S&P 500 opened lower by 4.31 points, or 0.08%, at 5,473.59, while the Nasdaq Composite dropped 11.20 points, or 0.06%, to 17,793.95 at the opening bell.
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