Wall Street opened lower on Thursday, with the S&amp;P 500 and Nasdaq retreating from 14-month highs as the Federal Reserve signalled that interest rates could rise further this year.

The Dow Jones Industrial Average fell 33.35 points, or 0.10 percent, at the open to 33,945.98. The S&amp;P 500 opened lower by 7.26 points, or 0.17 percent, at 4,365.33, while the Nasdaq Composite dropped 53.60 points, or 0.39 percent, to 13,572.88 at the opening bell.

Wall Street opened lower on Thursday, with the S&P 500 and Nasdaq retreating from 14-month highs as the ...{ai:summary}<p>Wall Street opens lower as the Federal Reserve suggests further interest rate hikes this year. Dow falls by 0.10%, S&P 500 by 0.17% and Nasdaq Composite by 0.39%. #economy</p>

Wall Street Opens Lower on Concerns Over Hawkish Fed

Loading...