New york: Major US stock indices opened lower Thursday on Wall Street. The Dow Jones Industrial Average fell 174.7 points, or 0.37 percent, to 47,242.52 at the open. The S and P 500 lost 34.9 points, or 0.52 percent, to 6,740.88. The Nasdaq Composite dropped 189.5 points, or 0.83 percent, to 22,526.585.
According to Qatar News Agency, the decline in the indices reflects ongoing market volatility as investors react to economic data and global developments. The downturn in these key indices indicates cautious trading and potential investor concerns surrounding economic conditions. The performance of stocks in various sectors has also contributed to the overall decline in the market.