US: Wall St opens lower after mixed big bank earnings

WALL Street’s main indexes opened lower on Friday (Apr 12) as most megacap growth stocks and chipmakers receded, while some big banks dipped after dour quarterly results.

The Dow Jones Industrial Average fell 139.94 points, or 0.36 per cent, at the open to 38,319.14.

The S&P 500 opened lower by 27.55 points, or 0.53 per cent, at 5,171.51, while the Nasdaq Composite dropped 149.17 points, or 0.91 per cent, to 16,293.03 at the opening bell. REUTERS