Friday, June 9, 2023
HomeBusiness NewsWall Street Opens Lower as UK’s Truss Resigns as PM

Wall Street Opens Lower as UK’s Truss Resigns as PM


A Wall Street sign is seen at the New York Stock Exchange (NYSE) in New York City, on Feb. 17, 2021. (Angela Weiss/AFP via Getty Images)

Wall Street’s main indexes opened lower on Thursday after the resignation of Liz Truss as prime minister of the UK added a layer of uncertainty to markets struggling to hold on to gains from a set of positive earnings forecasts from U.S. companies.

The Dow Jones Industrial Average fell 11.89 points, or 0.04 percent, at the open to 30,411.92. The S&P 500 opened lower by 6.11 points, or 0.17 percent, at 3,689.05, while the Nasdaq Composite dropped 23.09 points, or 0.22 percent, to 10,657.41 at the opening bell.

Reuters

Follow



Source link

RELATED ARTICLES

Most Popular

Recent Comments