Wall Street’s Main Indexes Open Lower Amid Rising Yields
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.
Fall in Dow Jones Industrial Average
The Dow Jones Industrial Average fell 13.8 points, or 0.03 per cent, at the open to 41,924.68.
Fall in S&P 500 and Nasdaq Composite
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.
Conclusion
Wall Street’s main indexes opened lower on Monday, as yields surged after robust payroll numbers last week bolstered expectations that the Federal Reserve will maintain a hawkish stance for most of 2025.
FAQs
Q: What happened to Wall Street’s main indexes?
A: Wall Street’s main indexes opened lower on Monday.
Q: Why did the indexes fall?
A: The indexes fell due to robust payroll numbers last week bolstering expectations that the Federal Reserve will maintain a hawkish stance for most of 2025, leading to rising yields.
Q: What was the impact on the Dow Jones Industrial Average?
A: The Dow Jones Industrial Average fell 13.8 points, or 0.03 per cent, at the open.
Q: What was the impact on the S&P 500 and Nasdaq Composite?
A: 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.
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