Wall Street Opens Lower as Focus Turns to Tech Earnings, Economic Data

Wall Street Opens Lower as Focus Turns to Tech Earnings, Economic Data
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on April 10, 2023. (Brendan McDermid/Reuters)
Reuters
4/24/2023
Updated:
4/24/2023

Wall Street’s main indexes opened slightly lower on Monday as investors awaited results from megacap companies and key data that could shed light on the U.S. economy and shape the Federal Reserve’s monetary policy.

The Dow Jones Industrial Average fell 3.92 points, or 0.01 percent, at the open to 33,805.04. The S&P 500 opened lower by 1.45 points, or 0.04 percent, at 4,132.07, while the Nasdaq Composite dropped 18.99 points, or 0.16 percent, to 12,053.47 at the opening bell.