March 16 (Reuters) - Wall Street's main indexes opened
lower on Thursday after shares of First Republic Bank crashed
amid fears of a banking crisis, while a large interest rate hike
by the European Central Bank also dented sentiment.
The Dow Jones Industrial Average fell 46.92 points,
or 0.15%, at the open to 31,827.65.
The S&P 500 opened lower by 13.00 points, or 0.33%,
at 3,878.93, while the Nasdaq Composite dropped 49.18
points, or 0.43%, to 11,384.87 at the opening bell.
(Reporting by Shristi Achar A in Bengaluru
Editing by Vinay Dwivedi)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.