Business

S&P 500, Dow slip at open as banks fall

1 minute read

A nearly empty trading floor is seen at the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2020. REUTERS/Brendan McDermid/File Photo

March 19 (Reuters) - The S&P 500 and the Dow opened slightly lower on Friday as bank stocks dropped following the U.S. Federal Reserve's decision to let the exemption of some bank leverage requirements expire.

The Dow Jones Industrial Average (.DJI) fell 3.9 points, or 0.01%, at the open to 32858.36. The S&P 500 (.SPX) fell 2.3 points, or 0.06%, at the open to 3913.14​, while the Nasdaq Composite (.IXIC) rose 3.7 points, or 0.03%, to 13119.901 at the opening bell.

Register now for FREE unlimited access to reuters.com
Reporting by Medha Singh in Bengaluru; Editing by Maju Samuel

Our Standards: The Thomson Reuters Trust Principles.

More from Reuters