US markets opened lower on Friday, Jan. 30.
(Photo: Freepik)
Wall Street indices opened under pressure on Friday, after US President Donald Trump announced Kevin Warsh, a known “inflation hawk”, as the next Federal Reserve chair.
In the early minutes of trade, S&P 500 was down 0.29%, or 20.14 points, at 6,945.79, whereas the tech-heavy Nasdaq Composite slipped 0.26%, or 61.58 points, to 23,623.54. The Dow Jones Industrial Average fell 0.42%, or 204.93 points, to 48,866.63 at 9:58 am EST.
(This is a developing story)
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