Wall Street’s main indexes opened lower on Tuesday as prospects of an extended restrictive monetary policy pushed Treasury yields to multi-year highs, while investors awaited crucial employment data to gauge the U.S. interest rate outlook.
The Dow Jones Industrial Average fell 114.51 points, or 0.34 percent, at the open to 33,318.84.
The S&P 500 opened lower by 18.64 points, or 0.43 percent, at 4,269.75, while the Nasdaq Composite dropped 78.09 points, or 0.59 percent, to 13,229.68 at the opening bell.
