Stocks are opening lower on Wall Street, pulling major indexes slightly below the record highs they reached a day earlier.
The S&P 500 fell 0.2 per cent in the early going Tuesday. The Dow Jones Industrial Average and the Nasdaq were down by about similar amounts. Small-company stocks rose.
Swiss bank Credit Suisse said it expects to lose USD 4.7 billion related to the default of a U.S. hedge fund, and it also replaced two top executives.
The yield on the benchmark 10-year Treasury note fell to 1.68per cent. Crude oil prices rose more than 2 per cent.
(Published 06 April 2021, 15:44 IST)
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