Wall Street’s Main Indexes Open Flat to Lower Amid Economic Data and Fed Meeting
Wall Street’s main indexes opened flat to lower on Thursday (Dec 12) after the S&P 500 and the Nasdaq ended the previous session on a positive note, while investors parsed through hot economic data ahead of the Federal Reserve’s meeting.
Opening Prices
The Dow Jones Industrial Average rose 20.1 points, or 0.05 per cent, at the open to 44,168.66.
Index Performance
The S&P 500 fell 9.9 points, or 0.16 per cent, at the open to 6,074.29, while the Nasdaq Composite dropped 87.6 points, or 0.44 per cent, to 19,947.336 at the opening bell.
Market Trends
Despite the mixed performance, the overall market trend remained positive, with investors showing caution ahead of the Fed meeting.
Conclusion
In conclusion, the opening of Wall Street’s main indexes on Thursday showed a mixed performance, with the Dow Jones Industrial Average rising slightly, while the S&P 500 and Nasdaq Composite fell. The market trend remains uncertain ahead of the Fed meeting, and investors will continue to monitor economic data for guidance.
FAQs
Q: What were the opening prices of the main indexes?
A: The Dow Jones Industrial Average rose 20.1 points, or 0.05 per cent, to 44,168.66, while the S&P 500 fell 9.9 points, or 0.16 per cent, to 6,074.29, and the Nasdaq Composite dropped 87.6 points, or 0.44 per cent, to 19,947.336.
Q: Why did the indexes open mixed?
A: The indexes opened mixed due to the mixed performance of the main economic indicators, with investors showing caution ahead of the Federal Reserve’s meeting.
Q: What is the market trend ahead of the Fed meeting?
A: The market trend remains uncertain ahead of the Fed meeting, with investors continuing to monitor economic data for guidance.
