Wall Street Opens Mixed as Tech Stocks Weakens, Banks Rally

January 6, 2022Updated: January 6, 2022

Wall Street’s main indexes opened mixed on Thursday, with banking and energy shares leading gains, while interest rate-sensitive growth names remained under pressure from the Federal Reserve’s hawkish signals.

The Dow Jones Industrial Average rose 1.94 points, or 0.01 percent, at the open to 36,409.05. The S&P 500 opened lower by 7.19 points, or 0.15 percent, at 4,693.39, while the Nasdaq Composite dropped 76.02 points, or 0.50 percent, to 15,024.15 at the opening bell.

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