Source: www.reuters.com
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(Reuters) - Megacap growth stocks dragged U.S. stock indexes lower at the open on Thursday, a day after the Federal Reserve’s less aggressive tone sparked a rally.
The Dow Jones Industrial Average fell 206.89 points, or 0.61%, at the open to 33,854.17. The S&P 500 opened lower by 29.74 points, or 0.69%, at 4,270.43, while the Nasdaq Composite dropped 177.33 points, or 1.37%, to 12,787.52 at the opening bell.
Reporting by Devik Jain in Bengaluru; Editing by Sriraj Kalluvila
