Wall Street opens mostly lower

Economies.com
2018-02-20 15:56PM UTC

US stock indices opened their first session of the week mixed after closing on Monday for the Presidents Day holiday, amid a lack of data from the US, while markets await the Federal Reserve's minutes of the January 30-31 meeting, at which policymakers votes to hold interest rates unchanged between 1.25% and 1.5%. 

 

10-year US Treasury bond yields rose to four-year highs at 2.895%, while Walmart's stock tumbled 9%, weighing on Dow Jones and S&P 500, as the fourth-quarter earnings season carries on for major American corporations. 

 

As of 03:53 GMT, Standard and Poor's 500 shed 0.42%, or 11.60 points to 2,720.62, while Dow Jones declined 0.77%, or 195.47 points to 25,023.91. 

 

Tech-heavy NASDAQ rose 0.15%, or 10.90 points to 7,250.37. 

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