This post was originally published on this site
(Reuters) – Wall Street’s main indexes fell at the open on Monday as worries over interest rates staying higher for longer kept the 10-year Treasury yield buoyant, while investors awaited economic data and Federal Reserve policymakers’ remarks throughout the week.
The Dow Jones Industrial Average fell 56.25 points, or 0.17%, at the open to 33,907.59. The S&P 500 opened lower by 9.44 points, or 0.22%, at 4,310.62, while the Nasdaq Composite dropped 39.27 points, or 0.30%, to 13,172.54 at the opening bell.
