Wall Street’s main indexes opened lower on Wednesday, as strong private payrolls data fanned fears of fewer-than-expected interest rate cuts by the Federal Reserve this year.
The Dow Jones Industrial Average fell 30.65 points, or 0.08%, at the open to 39,139.59.
The S&P 500 opened lower by 11.44 points, or 0.22%, at 5,194.37, while the Nasdaq Composite dropped 61.65 points, or 0.38%, to 16,178.80 at the opening bell.
More to come….
