March 13 (Reuters) - Wall Street's main indexes opened
lower on Monday as bank stocks tumbled on fears of contagion
following Silicon Valley Bank's (SVB) collapse, while
expectations rose for a pause in interest rate hikes in March.
The Dow Jones Industrial Average fell 89.71 points,
or 0.28%, at the open to 31,819.93.
The S&P 500 opened lower by 26.47 points, or 0.69%,
at 3,835.12, while the Nasdaq Composite dropped 97.43
points, or 0.87%, to 11,041.46 at the opening bell.
(Reporting by Shristi Achar A in Bengaluru; Editing by
Saumyadeb Chakrabarty)
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