February 1, 2018 / 2:39 PM / 3 months ago

US STOCKS SNAPSHOT-Wall St opens lower on hawkish Fed, tepid earnings

Feb 1 (Reuters) - U.S. stocks opened lower on Thursday, weighed down by a string of lackluster earnings and after the Federal Reserve raised its inflation outlook.

The Dow Jones Industrial Average fell 96.04 points, or 0.37 percent, to 26,053.35. The S&P 500 lost 5.29 points, or 0.18 percent, to 2,818.52. The Nasdaq Composite dropped 23.54 points, or 0.32 percent, to 7,387.94.

Reporting by Tanya Agrawal; Editing by Arun Koyyur

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