News Formal

U.S. stocks open lower after 3 days in the green as GOP seen retaking House by narrow margin

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

U.S. stocks opened lower on Wednesday after Republicans were seen retaking the House, but by a narrower-than-expected margin. The Dow Jones Industrial Average shed 187 points, or 0.6%, to 32,973:

U.S. stocks opened lower on Wednesday after Republicans were seen retaking the House, but by a narrower-than-expected margin, while a runoff election for Georgia’s U.S. Senate seat appears likely. The S&P 500 SPX, -0.91% fell 26 points, or 0.7%, to 3,801 after the open, while the Dow Jones Industrial Average DJIA, -0.

87% shed 187 points, or 0.6%, to 32,973. The Nasdaq Composite COMP, -1.15% retreated 96 points, or 0.9%, to 10,519. Investors appeared to like the layoff announcement from Facebook parent Meta Platforms, META, +6.39% as the stock rallied at the open, while weak earnings from media companies including Walt Disney Company DIS, -11.36% helped weigh on the industry.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It’s fake. There was no GOP Red Wave.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Republicans poised to flip one South Texas congressional seat as GOP investment falls shortDemocratic U.S. Reps. Henry Cuellar and Vicente Gonzalez are likely headed to Washington...
Source: ExpressNews - 🏆 519. / 51 Read more »