Wall Street opens lower as high-stakes Iran, inflation tests loom
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[NEW YORK] Wall Street’s main indexes opened lower on Monday (Aug 24) as investors weighed the US pledge of an “economic D-Day” against Iran while awaiting AI giant Nvidia’s quarterly results and a closely watched inflation report later this week.
The Dow Jones Industrial Average fell 15.1 points, or 0.03 per cent, to 53,261.95 at the open.
The S&P 500 fell 11.0 points, or 0.14 per cent, to 7,663.38, while the Nasdaq Composite dropped 115.1 points, or 0.44 per cent, to 26,065.32. REUTERS
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