Wall Street Mixed at Open After Fed-Driven Selloff

A Wall St. sign is seen near the New York Stock Exchange (NYSE) in New York City on Sept. 17, 2019. (Brendan McDermid/Reuters)

Wall Street’s main indexes opened mixed on Thursday as investors assessed the impact of the U.S. Federal Reserve’s fight against inflation on economic growth.

The Dow Jones Industrial Average rose 20.7 points, or 0.07 percent, at the open to 30,204.52. The S&P 500 fell 7.6 points, or 0.20 percent, at the open to 3782.36​, while the Nasdaq Composite dropped 52.8 points, or 0.47 percent, to 11167.384 at the opening bell.