Aug 18 (Reuters) – Wall Street’s main indexes opened lower on Tuesday, as diminishing prospects for a peace deal between the U.S. and Iran kept oil prices elevated and government bond yields at multi-year peaks. The Dow Jones Industrial Average fell 105.3 points, or 0.20%, to 53,354.43 at the open. The S&P 500 fell 45.0 […]
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US stocks open lower as Iran stalemate lifts oil, yields
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Aug 18 (Reuters) – Wall Street’s main indexes opened lower on Tuesday, as diminishing prospects for a peace deal between the U.S. and Iran kept oil prices elevated and government bond yields at multi-year peaks.
The Dow Jones Industrial Average fell 105.3 points, or 0.20%, to 53,354.43 at the open. The S&P 500 fell 45.0 points, or 0.58%, to 7,700.04, while the Nasdaq Composite dropped 298.0 points, or 1.12%, to 26,346.88.
(Reporting by Shashwat Chauhan in Bengaluru; Editing by Shilpi Majumdar)