Tech stocks drag Wall Street lower at open on rate worries By Reuters

(Reuters) – Wall Street’s main indexes opened lower on Monday, led by technology stocks, as investors worried about the Federal Reserve’s plan to keep raising interest rates in its fight against inflation even at the cost of an economic slowdown.

The fell 95.40 points, or 0.30%, at the open to 32,188.00.

The opened lower by 23.08 points, or 0.57%, at 4,034.58, while the dropped 120.66 points, or 0.99%, to 12,021.05 at the opening bell.