US STOCKS SNAPSHOT-Wall St opens lower as investors dial back bets on Fed rate cuts this year
ReutersJan 13, 2025 2:32 PM
Jan 13 (Reuters) - Wall Street's main indexes opened lower on Monday, as yields surged after robust payroll numbers last week bolstered expectations that the Federal Reserve will maintain a hawkish stance for most of 2025.
The Dow Jones Industrial Average .DJI fell 13.8 points, or 0.03%, at the open to 41,924.68. The S&P 500 .SPX fell 45.0 points, or 0.77%, at the open to 5,782.02, while the Nasdaq Composite .IXIC dropped 258.0 points, or 1.35%, to 18,903.664 at the opening bell.
(Reporting by Sukriti Gupta in Bengaluru; Editing by Pooja Desai)
((Sukriti.Gupta@thomsonreuters.com;))
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