Wall Street’s main indexes opened lower on Friday as U.S. Treasury yields hovered near multi-year highs following hawkish remarks by Federal Reserve Chair Jerome Powell, while the Middle East conflict kept investors jittery.
The Dow Jones Industrial Average fell 48.90 points, or 0.15 percent, at the open to 33,365.27. The S&P 500 opened lower by 4.15 points, or 0.10 percent, at 4,273.85, while the Nasdaq Composite dropped 28.40 points, or 0.22 percent, to 13,157.77 at the opening bell.
