Wall Street opens lower as tech stocks slide By Reuters

Wall Street opens lower as tech stocks slide By Reuters



© Reuters. Traders work on the ground of the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2021. REUTERS/Brendan McDermid

(Reuters) – Wall Street’s most important indexes opened lower on Friday as massive expertise stocks tumbled, reeling from the Federal Reserve’s choice to finish its pandemic-era stimulus quicker, which pushed buyers in the direction of cyclical components of the market.

The fell 97.53 factors, or 0.27%, on the open to 35,800.11. The opened lower by 16.17 factors, or 0.35%, at 4,652.50, whereas the dropped 143.66 factors, or 0.95%, to fifteen,036.77 on the opening bell.

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