Published On: Mon, Apr 22nd, 2019

Wall Street opens lower as technology stocks weigh

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A street sign for Wall Street hangs in front of the New York Stock Exchange
FILE PHOTO: A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson

April 22, 2019

(Reuters) – U.S. stocks edged lower at the open on Monday, weighed down by technology shares, as investors took a cautious stance at the start of what is expected to be the busiest week of the first-quarter earnings season.

The Dow Jones Industrial Average fell 48.77 points, or 0.18%, at the open to 26,510.77. The S&P 500 opened lower by 6.25 points, or 0.22%, at 2,898.78. The Nasdaq Composite dropped 28.69 points, or 0.36%, to 7,969.37 at the opening bell.

(Reporting by Amy Caren Daniel in Bengaluru; Editing by Shounak Dasgupta)



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