Wall St opens lower on slowdown worries after jobless claims data By Reuters

© Reuters. FILE PHOTO: Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 31, 2023. REUTERS/Andrew Kelly

(Reuters) – Wall Street’s main indexes opened lower on Thursday as a stronger-than-expected weekly jobless claims report pointed to growing signs that rapid interest rate hikes by the Federal Reserve was slowing down economic growth.

The fell 61.76 points, or 0.18%, at the open to 33,420.96. The opened lower by 9.23 points, or 0.23%, at 4,081.15, while the dropped 57.78 points, or 0.48%, to 11,939.08 at the opening bell.

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