Wall Street opens lower, weighed down by rising US bond yields.
Dow Jones Industrial Average
S&P 500 index
NASDAQ
Dow Jones Industrial Average DJI | 0.00 | |
S&P 500 index SPX | 0.00 | |
NASDAQ IXIC | 0.00 |
May 15 (Reuters) - Wall Street indexes opened sharply lower on Friday as inflation fears stemming from the Middle East conflict pushed up U.S. Treasury yields, threatening to halt gains driven by the rise of the artificial intelligence sector.
The Dow Jones Industrial Average fell 133.2 points, or 0.27 percent, to 49,930.26 at the open. The S&P 500 lost 56.1 points, or 0.75 percent, to 7,445.11, and the Nasdaq Composite dropped 346.3 points, or 1.30 percent, to 26,288.923.
