World News | Stocks Open Lower, Pulling the S&P 500 Below Record High
Get latest articles and stories on World at LatestLY. Stocks are opening lower on Wall Street, pulling major indexes slightly below the record highs they reached a day earlier.
New York, Apr 6 (AP) Stocks are opening lower on Wall Street, pulling major indexes slightly below the record highs they reached a day earlier.
The S&P 500 fell 0.2 per cent in the early going Tuesday. The Dow Jones Industrial Average and the Nasdaq were down by about similar amounts. Small-company stocks rose.
Swiss bank Credit Suisse said it expects to lose USD 4.7 billion related to the default of a U.S. hedge fund, and it also replaced two top executives.
The yield on the benchmark 10-year Treasury note fell to 1.68per cent. Crude oil prices rose more than 2 per cent. (AP)
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)