Nov. 14 at 3:33 PM
Wall Street opened lower on Friday as investors reacted to ongoing uncertainty over the Federal Reserve’s future rate decisions. The Dow Jones Industrial Average fell 1.07%, weighed down by declines in major industrial and tech stocks. The broader S&P 500 dropped 0.79%, while the tech-heavy Nasdaq slipped 0.9%, reflecting a cautious mood in the market.
Technology companies led the downturn, with semiconductor maker AMD losing 3.09%, Palantir falling 1.19%, and Tesla dropping 1.99% in early trading. Thursday had marked the worst session for U.S. stocks in a month, following concerns that the Fed may pause or slow its rate cuts, despite the end of the longest federal government shutdown in U.S. history.
In commodities, West Texas Intermediate (WTI) crude oil rose 1.86% to
$59.78 per barrel, extending gains amid broader market volatility.
$DJIA $SPX $COMP $AMD $TSLA