S&P 500, Nasdaq Slip at Open as Retail Earnings Kick Off

By Reuters
Reuters
Reuters
August 16, 2022 Updated: August 16, 2022

The S&P 500 and the Nasdaq opened lower on Tuesday as investors assessed results from retailers Walmart and Home Depot, while signs of a slowing global economy continued to keep markets on edge.

The Dow Jones Industrial Average rose 11.91 points, or 0.04 percent, at the open to 33,924.35.

The S&P 500 opened lower by 6.68 points, or 0.16 percent, at 4,290.46, while the Nasdaq Composite dropped 45.41 points, or 0.35 percent, to 13,082.64 at the opening bell.

Reuters