Wall Street key indices opened lower on Thursday as new economic data and comments from a Federal Reserve official dampened optimism surrounding the possibility of further rate cuts.
At the open, the Dow Jones Industrial Average fell 23.8 points, or 0.05%, to 46,097.43. The S&P 500 fell 29.8 points, or 0.45%, to 6,608.19, while the Nasdaq Composite dropped 179.1 points, or 0.80%, to 22,318.766.