Weakness in tech shares pulled Wall Street lower at the open on Thursday after the Federal Reserve signaled it could start tapering its stimulus earlier than expected, piling pressure on a sector that is seen as vulnerable to higher interest rates.
The Dow Jones Industrial Average fell 120.3 points, or 0.35%, at the open to 33,913.59. The S&P 500 fell 2.44 points, or 0.05%, at the open to 4,221.26, while the Nasdaq Composite gained 33.6 points, or 0.24%, to 14,073.38 at the opening bell.