US STOCKS SNAPSHOT-Wall St opens lower as Powell firm on interest rate hikes

US STOCKS SNAPSHOT-Wall St opens lower as Powell firm on interest rate hikes

Wall Street's main indexes opened lower on Thursday, a day after Federal Reserve Chair Jerome Powell stuck to his hawkish stance on interest rate path and ahead of his second day of testimony before a Senate committee.

The Dow Jones Industrial Average fell 51.05 points, or 0.15%, at the open to 33,900.47. The S&P 500 opened lower by 10.29 points, or 0.24%, at 4,355.40, while the Nasdaq Composite dropped 58.79 points, or 0.44%, to 13,443.41 at the opening bell.

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