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US stocks open lower ahead of data-packed week

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September 3, 2024
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US stocks open lower ahead of data-packed week
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Wall Street‘s main indexes opened lower on Tuesday as investors moved to the sidelines ahead of a slew of economic data reports due through the week that could influence the extent of monetary policy easing by the Federal Reserve this year.

The Dow Jones Industrial Average fell 73.41 points, or 0.18%, at the open to 41,489.67. The S&P 500 opened lower by 24.51 points, or 0.43%, at 5,623.89, while the Nasdaq Composite dropped 128.17 points, or 0.72%, to 17,585.45 at the opening bell.

Tags: aheadDatadatapackedDow Jonesfederal reserveMonetary policyNASDAQ CompositeopenS&P 500stocksUS stocksWall StreetWeek
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