US STOCKS SNAPSHOT-Wall St opens lower as rising Treasury yields pressure megacaps
- Country:
- United States
Wall Street's main indexes opened lower on Tuesday, with megacaps pressured by rising U.S. Treasury yields, as traders scaled back expectations for an early start to interest-rate cuts ahead of key inflation reports due later in the week.
The Dow Jones Industrial Average fell 159.46 points, or 0.42%, at the open to 37,523.55. The S&P 500 opened lower by 21.61 points, or 0.45%, at 4,741.93, while the Nasdaq Composite dropped 99.64 points, or 0.67%, to 14,744.13 at the opening bell.
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