US Stock Market Today: S&P 500, Dow Edge Lower As Fed's December Rethink, Mixed Tech Earnings Hit Sentiments

US Stock Market Today: S&P 500, Dow Edge Lower As Fed's December Rethink, Mixed Tech Earnings Hit Sentiments (Wall Street. Photo: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The benchmark US stock market indices opened lower on Thursday after mixed tech results and a hawkish Federal Reserve.

The S&P 500 opened in the red, trading 0.56% or 38.44 points lower at 6,852.15, while the tech-heavy Nasdaq Composite opened nearly 1% or 227.21 points lower at 23,731.26, and the Dow Jones Industrial Average opened 0.17% or 81.27 points lower to trade at 47,550.73.

As of 7:35 p.m., the S & P 500 fell 0.29% and the Nasdaq Composite was down 0.69%, while Dow Jones erased losses to trade 0.37% higher.

The share price of Meta Platforms tanked more than 12% in the early mi