Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., February 15, 2022. REUTERS/Brendan McDermid
February 16, 2022
(Reuters) – U.S. stock indexes opened lower on Wednesday after stronger-than-expected retail sales data gave the Federal Reserve more ammunition to tighten policy, while geopolitical tensions over Russian and Ukraine added to caution.
The Dow Jones Industrial Average fell 37.01 points, or 0.11%, at the open to 34,951.83. The S&P 500 opened lower by 15.32 points, or 0.34%, at 4,455.75, while the Nasdaq Composite dropped 100.84 points, or 0.71%, to 14,038.92 at the opening bell.
(Reporting by Devik Jain in Bengaluru; Editing by Maju Samuel)
Source: One America News Network
