off-the-wire

Wall St opens lower after economic data

Kitco Media
By Reuters
Published:
Updated:
Reuters
Wall St opens lower after economic data teaser image

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

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