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US: Wall St opens lower as investors dial back bets on Fed rate cuts this year

by Mark Darwin
in Lifestyle
US: Wall St opens lower as investors dial back bets on Fed rate cuts this year
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Wall Street’s main indexes opened lower on Monday (Jan 13), 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 fell 13.8 points, or 0.03 per cent, at the open to 41,924.68.

The S&P 500 fell 45.0 points, or 0.77 per cent, at the open to 5,782.02​, while the Nasdaq Composite dropped 258.0 points, or 1.35 per cent, to 18,903.664 at the opening bell. REUTERS

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Mark Darwin

Mark Darwin

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