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SNAPSHOT Wall St opens lower after mixed economic data, hawkish Fed comments

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2022-11-17T14:34:00Z

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2022. REUTERS/Brendan McDermid

Wall Street’s main indexes opened lower on Thursday as mixed economic data and hawkish comments from a Federal Reserve official spurred concerns that the U.S. central bank would not tone down its aggressive stance on interest rate hikes.

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The Dow Jones Industrial Average (.DJI) fell 224.6 points, or 0.67%, at the open to 33329.27. The S&P 500 (.SPX) fell 39.5 points, or 1.00%, to 3919.26​, while the Nasdaq Composite (.IXIC) dropped 175.0 points, or 1.56%, to 11008.672 at the opening bell.

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