Wall Street Opens Lower on Fed Fears; Tyson Foods Slides

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange on Oct. 26, 2020. (Mike Segar/Reuters)

U.S. stock indexes edged lower on Monday with Tyson Foods falling on disappointing quarterly results, while investors re-assessed their predictions on when the U.S. Federal Reserve would start cutting rates.

The Dow Jones Industrial Average fell 51.57 points, or 0.15 percent, at the open to 33,874.44.

The S&P 500 opened lower by 16.91 points, or 0.41 percent, at 4,119.57, while the Nasdaq Composite dropped 102.55 points, or 0.85 percent, to 11,904.41 at the opening bell.