Wall St drop at open as yields jump on inflation worries

Wall Street indexes opened sharply lower on Friday, as inflation fears triggered by the Middle East conflict drove up Treasury yields and threatened to halt an AI-fueled rally.

The Dow Jones Industrial Average fell 133.2 points, or 0.27 percent, at the open to 49930.26. The S&P 500 fell 56.1 points, or 0.75 percent, at the open to 7445.11​, while the Nasdaq Composite dropped 346.3 points, or 1.30 percent, to 26288.923 at the opening bell.

Reuters

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