Wall Street opens lower over growth worries as focus turns to US Federal Reserve

The Dow Jones Industrial Average fell 125.16 points, or 0.36%, at the open to 34,459.72

Representative Image. Credit: AFP File Photo

Wall Street's main indexes tumbled at the open on Monday, as concerns about the pace of an economic recovery hit energy and banking shares at the start of a week in which the Federal Reserve will decide on potentially tapering its pandemic-era stimulus.

The Dow Jones Industrial Average fell 125.16 points, or 0.36 per cent, at the open to 34,459.72.

The S&P 500 opened lower by 30.04 points, or 0.68 per cent, at 4,402.95, while the Nasdaq Composite dropped 285.83 points, or 1.90 per cent, to 14,758.14 at the opening bell.

Check out latest DH videos here

Deccan Herald is on WhatsApp Channels | Join now for Breaking News & Editor's Picks