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Wall Street opens mixed over inflation angst as Brent breaches $130

Wall Street opens mixed over inflation angst as Brent breaches $130

The Dow Jones Industrial Average fell 35.05 points, or 0.10%, at the open to 33,579.75.

The S&P 500 opened lower by 1.86 points, or 0.04%, at 4,327.01. The S&P 500 opened lower by 1.86 points, or 0.04%, at 4,327.01.

Wall Street's main indexes opened mixed on Monday, as the prospect of a ban on oil imports from Russia pushed Brent above $130 a barrel and added to concerns over spiraling inflation and slowing economic growth.

The Dow Jones Industrial Average fell 35.05 points, or 0.10%, at the open to 33,579.75.

The S&P 500 opened lower by 1.86 points, or 0.04%, at 4,327.01, while the Nasdaq Composite gained 14.93 points, or 0.11%, to 13,328.36 at the opening bell.

Published on: Mar 07, 2022, 8:46 PM IST
Posted by: Mohammad Haaris Beg, Mar 07, 2022, 8:43 PM IST