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Wall St opens lower as oil climbs, megacap shares drop By Reuters


© Reuters. The logo for the New York Stock Exchange (NYSE) is displayed on Wall Street in New York City, U.S., March 22, 2022. REUTERS/Brendan McDermid

(Reuters) – U.S. stock indexes opened lower on Wednesday as oil prices rose and megacap shares fell, while investors assessed the outlook for U.S. interest rates following calls from policymakers for bigger increases.

The fell 58.62 points, or 0.17%, at the open to 34,748.84. The opened lower by 18.51 points, or 0.41%, at 4,493.10, while the dropped 118.46 points, or 0.84%, to 13,990.35 at the opening bell.

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