Wall Street Opens Lower Ahead of Service Data
Wall Street’s main indexes opened lower on Monday as investors maintained a cautious stance ahead of data, including a report on the U.S. services sector, to gauge the Federal Reserve’s next move at its rate-setting meeting later this month.
The Dow Jones Industrial Average fell 94.1 points, or 0.27 percent, at the open to 34335.73. The S&P 500 dipped 19.7 points, or 0.48 percent, at the open to 4052.02, while the Nasdaq Composite dropped 80.5 points, or 0.70 percent, to 11380.991 at the opening bell.
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