Wall St opens lower on Fed fears; Tyson Foods slides
(Reuters) – U.S. stock indexes edged lower on Monday with Tyson Foods (NYSE:TSN) falling on disappointing quarterly results, while investors re-assessed their predictions on when the U.S. Federal Reserve would start cutting rates.
The Dow Jones Industrial Average fell 51.57 points, or 0.15%, at the open to 33,874.44.
The S&P 500 opened lower by 16.91 points, or 0.41%, at 4,119.57, while the Nasdaq Composite dropped 102.55 points, or 0.85%, to 11,904.41 at the opening bell.