Wall St opens lower as bank worries linger

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(Reuters) – Wall Street’s main indexes opened lower on Friday as investors remained wary about a potential banking crisis even as the country’s largest banks came to the rescue of troubled regional lender First Republic Bank (NYSE:FRC).

The Dow Jones Industrial Average fell 29.23 points, or 0.09%, at the open to 32,217.32. The S&P 500 opened lower by 1.59 points, or 0.04%, at 3,958.69, while the Nasdaq Composite dropped 20.93 points, or 0.18%, to 11,696.35 at the opening bell.