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US stocks: Wall Street opens muted as tech stocks take a breather

The three major indices opened mixed on Monday

On Monday (Oct 5), Wall Street's primary indices opened slightly lower as technology stocks retreated from their recent record highs. Investors were on the lookout for new signals regarding the trajectory of monetary policy, with Treasury yields and oil prices remaining elevated. The S&P 500 was up 6.06 points, or 0.08 percent, at 7,728.78 at the opening bell.

Meanwhile, the Nasdaq added 43.06 points, or 0.16 percent, to reach 27,233.93. Conversely, the Dow Jones Industrial Average fell 78.27 points, or 0.15 percent, to 51,098.69.

Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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