Wall Street Opens Lower After Goldman Sachs Misses Profit Estimates

Wall Street Opens Lower After Goldman Sachs Misses Profit Estimates
A Wall Street sign outside the New York Stock Exchange in New York City, N.Y., on Oct. 2, 2020. (Carlo Allegri/Reuters)
Reuters
1/17/2023
Updated:
1/17/2023

Wall Street’s main indexes opened lower on Tuesday after Goldman Sachs missed quarterly profit estimates, worsening sentiment already dented by downbeat economic data from China earlier in the day.

The Dow Jones Industrial Average fell 80.29 points, or 0.23 percent, at the open to 34,222.32.

The S&P 500 fell 0.01 percent to 3,999.09 points at the open, while the Nasdaq Composite dropped 9.15 points, or 0.08 percent, to 11,070.00 at the opening bell.