WASHINGTON, Jan 16 US stocks declined in early trading today, as two banking giants reported earnings results and government bond yields inched higher. Around 10 minutes into.
US. stocks were subdued at open on Monday, ahead of a key inflation reading and commentary from Federal Reserve policymakers later in the week, while retailers were in focus as holiday shopping picked up steam with Cyber Monday deals. The Dow Jones Industrial Average fell 13.71 points, or 0.04%, at the open to 35,376.44.
The S&P 500 opened higher by 47.42 points, or 1.07%, at 4,458.97, while the Nasdaq Composite gained 247.63 points, or 1.80%, to 14,015.37 at the opening bell.