Wall St opens lower after economic data; Micron dents chip stocks
FILE PHOTO: People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023. REUTERS/Eduardo Munoz/File Photo
(Reuters) - U.S. main stock indexes slipped at open on Thursday as a slump in Micron after a lackluster forecast weighed on some semiconductor stocks, while investors parsed a string of economic data ahead of this week's crucial inflation report.
The Dow Jones Industrial Average fell 20.70 points, or 0.05%, at the open to 39,107.10. The S&P 500 opened lower by 4.31 points, or 0.08%, at 5,473.59, while the Nasdaq Composite dropped 11.20 points, or 0.06%, to 17,793.95 at the opening bell.
(Reporting by Ankika Biswas in Bengaluru; Editing by Maju Samuel)