TELETRADER News
5/16, 3:31 PM (Source: TeleTrader)
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US markets open lower ahead of corporate earnings

Major US stock markets opened lower on Monday after having a troubled previous week marked by concerns about the rising inflation in the country and growing geopolitical problems. This week, traders will closely watch corporate earnings as more companies release their quarterly reports.

Earlier, about the Ukraine crisis, it was known that Russia considered Sweden's and Finland's decision to join NATO "another serious mistake with far-reaching consequences." Meanwhile, Russian President Vladimir Putin accused NATO of going "beyond its geographic purpose."

The Dow Jones lost 0.15% at 9:31 am ET, with Salesforce sinking 1.42%. The Nasdaq 100 fell by 0.54%, while Atlassian Corp was down by 3.46% a minute later. The S&P 500 declined by 0.27%, as Twitter dropped by 3.93%. The euro improved by 0.15% against the dollar at 9:28 am ET, selling for $1.04254.

Baha Breaking News (BBN) / JG