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US: Wall St opens lower after economic data; Micron dents chip stocks

by Mark Darwin
in Lifestyle
US: Wall St opens lower after economic data; Micron dents chip stocks
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US main stock indexes slipped at the open on Thursday (Jun 27) as a slump in Micron after a lacklustre forecast weighed on some semiconductor stocks, while investors parsed a string of economic data ahead of this week’s crucial inflation report.

The Dow Jones Industrial Average fell 20.70 points, or 0.05 per cent, at the open to 39,107.10.

The S&P 500 opened lower by 4.31 points, or 0.08 per cent, at 5,473.59, while the Nasdaq Composite dropped 11.20 points, or 0.06 per cent, to 17,793.95 at the opening bell. REUTERS

Tags: ChipDatadentsEconomicMicronOpensStocksWall
Mark Darwin

Mark Darwin

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