financetom
Market
financetom
/
Market
/
Wall Street falls at open on concerns over rate outlook
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Wall Street falls at open on concerns over rate outlook
Dec 20, 2024 6:54 AM

(Reuters) - Wall Street's main indexes dropped at the open on Friday on fears over high interest rates next year although a cooler-than-expected inflation report for November stymied losses.

The Dow Jones Industrial Average fell 46.0 points, or 0.11%, at the open to 42296.26. The S&P 500 fell 25.1 points, or 0.43%, to 5842​, while the Nasdaq Composite dropped 182.7 points, or 0.94%, to 19190.042.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Monday Amid AI Demand, US-China Deal Hope
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Monday Amid AI Demand, US-China Deal Hope
Nov 3, 2025
08:24 AM EST, 11/03/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.4% and the actively traded Invesco QQQ Trust (QQQ) was 0.7% higher in Monday's premarket activity amid an expected US-China trade truce and strong AI demand. US stock futures were mixed, with S&P 500 Index futures up 0.3%,...
Tylenol maker Kenvue misses sales estimates amid Kimberly-Clark's $48.7-billion deal
Tylenol maker Kenvue misses sales estimates amid Kimberly-Clark's $48.7-billion deal
Nov 3, 2025
Nov 3 (Reuters) - Kenvue ( KVUE ) missed Wall Street estimates for third-quarter sales on Monday, while it also announced its acquisition by Kimberly-Clark ( KMB ) for about $48.7 billion. The consumer health company's shares rose about 20% in premarket trading following the deal. Kenvue ( KVUE ) has endured several challenges since its spinoff from Johnson &...
Tylenol maker Kenvue misses sales estimates amid Kimberly-Clark's $48.7-billion deal
Tylenol maker Kenvue misses sales estimates amid Kimberly-Clark's $48.7-billion deal
Nov 3, 2025
(Reuters) -Kenvue ( KVUE ) missed Wall Street estimates for third-quarter sales on Monday, while it also announced its acquisition by Kimberly-Clark ( KMB ) for about $48.7 billion. The consumer health company's shares rose about 20% in premarket trading following the deal. Kenvue ( KVUE ) has endured several challenges since its spinoff from Johnson & Johnson in 2023,...
Digi Power Up 5% in U.S. Pre-market on Improved Balance Sheet
Digi Power Up 5% in U.S. Pre-market on Improved Balance Sheet
Nov 3, 2025
08:23 AM EST, 11/03/2025 (MT Newswires) -- Digi Power X ( DGXX ) traded 5.3% higher at last look Monday in Nasdaq pre-market trading as the company improved its balance sheet and liquidity position in October. The AI infrastructure company said it held cash, Bitcoin, Ethereum and cash deposits of US$85 million as of Oct. 31, compared to $29 million...
Copyright 2023-2025 - www.financetom.com All Rights Reserved