Wall Street opens lower as big banks kick off earnings
(Reuters) - Wall Street's main indexes opened lower on Friday as incoming President Joe Biden's $1.9 trillion stimulus plan sparked fears of an increase in taxes, while investors parsed quarterly reports from major U.S. lenders.
The Dow Jones Industrial Average fell 64.7 points, or 0.21%, at the open to 30926.77. The S&P 500 fell 6.8 points, or 0.18%, at the open to 3788.73, while the Nasdaq Composite dropped 12.7 points, or 0.10%, to 13099.895 at the opening bell.
(Reporting by Medha Singh in Bengaluru; Editing by Maju Samuel)
© Copyright Reuters Ltd. All rights reserved. The information contained in this news report may not be published, broadcast or otherwise distributed without the prior written authority of Reuters Ltd.