Wall Street opens lower as high-stakes Iran, inflation tests loom
[NEW YORK] Wall Street’s main indexes opened lower on Monday (Aug 24) as investors weighed the US pledge of an “economic D-Day”...
When Wall Street's key indexes swung down on Monday, investors were grappling with two looming concerns: the US's promise of a decisive "economic D-Day" against Iran, and the anticipation of Nvidia's quarterly report, as well as an important inflation gauge due this week. The Dow Jones Industrial Average slipped 15.1 points, or 0.03%, to 53,261.95 at the opening bell.
The S&P 500 dropped 11.0 points, or 0.14%, to 7,663.38, while the Nasdaq Composite fell 115.1 points, or 0.44%, to 26,065.32. Reuters' Decoding Asia newsletter aims to help readers navigate Asia's evolving landscape in the new global order.
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