Wall St opens lower after economic data

Feb 20 (Reuters) - Wall Street indexes opened lower on Friday after data showed U.S. economic growth slowed more than expected in the fourth quarter and inflation picked up in December.

At 09:30 a.m., the Dow Jones Industrial Average (.DJI), fell 169.22 points, or 0.34%, to 49,225.94, the S&P 500 (.SPX), lost 23.64 points, or 0.34%, to 6,838.25, and the Nasdaq Composite (.IXIC), lost 128.79 points, or 0.57%, to 22,553.94.

Reporting by Sruthi Shankar in Bengaluru; Editing by Pooja Desai

Reuters

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.

off-the-wire

Wall St opens lower after economic data

By Reuters

Reuters

Reuters

JP Morgan says there’s a case against the gold rally continuing – and it’s wrong

As gold and silver struggle, Franklin Templeton sees value in mining stocks

ANZ sees gold hitting $5,800 an ounce in the second quarter

Muddied U.S. labor data complicates gold price projections, high silver prices draw secondary supply – Heraeus

‘Just because it's a safe haven doesn't mean it's not volatile’ – HSBC’s Steel says volatility will define gold in 2026