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(Reuters) – The Dow and the S&P 500 opened lower on Thursday, pressured by a drop in Disney shares after the company reported a fall in subscriber growth, while a drop in PacWest’s deposits set off another rout in the regional banking sector.
The Dow Jones Industrial Average fell 147.44 points, or 0.44%, at the open to 33,383.89. The S&P 500 opened lower by 5.40 points, or 0.13%, at 4,132.24, while the Nasdaq Composite gained 14.82 points, or 0.12%, to 12,321.26 at the opening bell.
