Stocks open mostly lower after ECB hikes rates, investors assess corporate earnings

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U.S. stocks opened on Thursday after the European Central Bank raised interest rates by 50 basis points, or half a percentage point, and investors assessed corporate earnings results. The Dow Jones Industrial Average fell 125 points, or 0.4%:

U.S. stocks opened on Thursday after the European Central Bank raised interest rates by 50 basis points, or half a percentage point, and investors assessed a stream of corporate earnings results.

The Dow Jones Industrial Average DJIA, -0.19% fell 125 points, or 0.4%, while the S&P 500 SPX, +0.09% declined 0.2%. The Nasdaq Composite COMP, +0.27% edged down 0.1% after opening with a small gain.

 

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