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Benzinga
Benzinga
Business
Lisa Levin

US Stocks Open Lower; Nasdaq Drops 100 Points

Nasdaq United States US Federal Reserve NYSE Interest Rates

U.S. stocks traded lower this morning, with the Nasdaq Composite dropping around 100 points on Thursday. The Federal Reserve, on Wednesday, raised interest rates by 75 bps.

The Dow traded down 0.50% to 31,986.53 while the NASDAQ fell 0.97% to 10,423.12. The S&P 500 also fell, dropping, 0.75% to 3,731.37.

Also check this: Investor Sentiment Decreases As US Stocks Fall For Second Straight Session

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