Wall Street Opens Lower After Three-Day Rally
Wall Street opened lower on Friday as investors take a breather after a three-day rally that was spurred by optimism that the Federal Reserve will continue to hold off from raising interest rates in the near term.
The Dow Jones industrial average <.DJI> fell 37.63 points, or 0.2 percent, to 18,354.83, the S&P 500 <.SPX> lost 5.35 points, or 0.25 percent, to 2,171.83 and the Nasdaq composite <.IXIC> dropped 12.30 points, or 0.23 percent, to 5,327.23.
(Reporting by Tanya Agrawal)
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