Economic news

Dow, S&P 500 Open Lower on Last Day of Rough Quarter

March 31 (Reuters) - The Dow and S&P 500 opened lower on Thursday as investors focused on the raging conflict in Ukraine and the outlook for U.S. interest rate hikes, with the main indexes set for their worst quarter since the pandemic crash in 2020.

The Dow Jones Industrial Average fell 27.29 points, or 0.08%, at the open to 35,201.52.

The S&P 500 opened lower by 3.43 points, or 0.07%, at 4,599.02, while the Nasdaq Composite gained 2.50 points, or 0.02%, to 14,444.78 at the opening bell.

Reporting by Bansari Mayur Kamdar in Bengaluru; Editing by Sriraj Kalluvila and Arun Koyyur

Source: Reuters


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