US STOCKS SNAPSHOT-Wall St opens lower as spike in yields pressures tech stocks

Published 30/03/2021, 14:34
Updated 30/03/2021, 14:36
© Reuters.

March 30 (Reuters) - Wall Street's main indexes opened lower
on Tuesday as a rise in U.S. bond yields hit heavyweight
tech-related stocks, while undervalued banks and industrial
stocks that stand to benefit from a re-opening economy edged
higher.
The Dow Jones Industrial Average .DJI fell 43.5 points, or
0.13%, at the open to 33127.88. The S&P 500 .SPX fell 7.7
points, or 0.20%, at the open to 3963.34, while the Nasdaq
Composite .IXIC dropped 50.8 points, or 0.39%, to 13008.804 at
the opening bell.

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