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© Reuters. FILE PHOTO: Snapchat app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration
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(Reuters) – Wall Street’s main indexes opened lower on Tuesday following a strong relief rally in the previous session as weak forecasts from firms including Snapchat owner Snap Inc (NYSE:SNAP) added to nerves about an inflation-struck economy.
The Dow Jones Industrial Average fell 162.63 points, or 0.51%, at the open to 31,717.61.
The S&P 500 opened lower by 30.81 points, or 0.78%, at 3,942.94, while the Nasdaq Composite dropped 208.83 points, or 1.81%, to 11,326.44 at the opening bell.
Source: Investing.com
