Wall Street slips as tech recovery stalls
FILE PHOTO: The Nasdaq Market site is seen in New York City, U.S., March 26, 2024. REUTERS/Brendan McDermid/File Photo
(Reuters) - Wall Street's main indexes opened lower on Wednesday as semiconductor and megacap stocks gave back early gains, with investors looking ahead to a crucial inflation report later in the week.
The Dow Jones Industrial Average fell 49.0 points, or 0.13%, at the open to 39063.15. The S&P 500 fell 8.6 points, or 0.16%, at the open to 5460.71, while the Nasdaq Composite dropped 20.4 points, or 0.12%, to 17697.265 at the opening bell.
(Reporting by Lisa Mattackal in Bengaluru; Editing by Maju Samuel)