Wall Street Subdued at Open After BOJ’s Policy Surprise

Wall Street Subdued at Open After BOJ’s Policy Surprise
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City on Dec. 14, 2022. (Andrew Kelly/Reuters)
Reuters
12/20/2022
Updated:
12/20/2022

Wall Street’s main indexes were subdued at the open on Tuesday after the Bank of Japan surprised global investors with a policy shift that would allow long-term interest rates to rise more.

The Dow Jones Industrial Average fell 22.30 points, or 0.07 percent, at the open to 32,735.24. The S&P 500 opened lower by 7.19 points, or 0.19 percent, at 3,810.47, while the Nasdaq Composite was up 3.87 points, or 0.04 percent, to 10,709.29 at the opening bell.