Wall Street’s main indexes opened lower on Monday (May 16) as investors digested downbeat data out of China amid worries over a global economic slowdown and aggressive policy tightening by the Federal Reserve.
The Dow Jones Industrial Average fell 44.51 points, or 0.14%, at the open to 32,152.15.
The S&P 500 opened lower by 10.87 points, or 0.27%, at 4,013.02, while the Nasdaq Composite dropped 77.86 points, or 0.66%, to 11,727.14 at the opening bell.
(Production: Kyoko Gasha)