US stocks open lower as jobs report stokes rate-hike worries

US stocks open lower as jobs report stokes rate-hike worries

Wall Street‘s main indexes opened lower on Monday on growing concerns that the Federal Reserve will continue to hike interest rates after Friday’s jobs data highlighted a still-strong labor market. The Dow Jones Industrial Average fell 60.04 points, or 0.18%, at the open to 33,425.25. The S&P 500 opened lower by 19.82 points, or 0.48%, … Read more

US stocks open lower as banks drag, ECB hikes rates

US stocks open lower as banks drag, ECB hikes rates

Wall Street‘s main indexes opened lower on Thursday after shares of First Republic Bank crashed amid fears of a banking crisis, while a large interest rate hike by the European Central Bank also dented sentiment. The Dow Jones Industrial Average fell 46.92 points, or 0.15%, at the open to 31,827.65. The S&P 500 opened lower … Read more