March 6 (Reuters) – Wall Street’s main indexes opened lower on Friday as the conflict raging in the Middle East threatened to fuel inflation through higher energy costs and data showed the economy unexpectedly shed jobs in February. The Dow Jones Industrial Average fell 320.2 points, or 0.67%, at the open to 47,634.55. The S&P […]
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Wall St opens lower as Middle East turmoil, weak jobs report weigh
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March 6 (Reuters) – Wall Street’s main indexes opened lower on Friday as the conflict raging in the Middle East threatened to fuel inflation through higher energy costs and data showed the economy unexpectedly shed jobs in February.
The Dow Jones Industrial Average fell 320.2 points, or 0.67%, at the open to 47,634.55. The S&P 500 fell 61.7 points, or 0.90%, at the open to 6,769.03, while the Nasdaq Composite dropped 327.8 points, or 1.44%, to 22,421.172 at the opening bell.
(Reporting by Johann M Cherian in Bengaluru; Editing by Devika Syamnath)