U.S. stocks opened lower on Friday after Wall Street’s main indexes suffered their biggest decline in four weeks on Thursday, sparked by a hot inflation report and hawkish comments by Federal Reserve officials and investment bank bets on bigger interest rate hikes.
On Friday morning, shares slipped in Asia, Europe, and the United States, extending Thursday’s sharp declines on the major U.S. averages.
On opening bell Friday, the Dow Jones Industrial Average fell 19.84 points, or 0.06 percent, to 33,677.01. The S&P 500 opened lower by 13.02 points, or 0.32 percent, at 4,077.39, while the Nasdaq Composite dropped 78.33 points, or 0.66 percent, to 11,777.51 at the opening bell….