Wall Street Opens Lower on Earnings Anxiety
U.S. stock indexes opened lower on Tuesday as investors awaited the earnings season to assess the impact of rising interest rates and inflation on corporate profit, while a rise in shares of drugmaker Amgen limited declines on the Dow.
The Dow Jones Industrial Average fell 117.68 points, or 0.40 percent, at the open to 29,085.20. The S&P 500 opened lower by 16.53 points, or 0.46 percent, at 3,595.86, while the Nasdaq Composite dropped 57.73 points, or 0.55 percent, to 10,484.37 at the opening bell.
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