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SNAPSHOT Wall Street opens lower ahead of service data

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2022-12-05T14:37:59Z

“Stock Exchange” is seen over an entrance to the New York Stock Exchange (NYSE) on Wall St. in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid/File Photo

Wall Street’s main indexes opened lower on Monday as investors maintained a cautious stance ahead of data, including a report on the U.S. services sector, to gauge the Federal Reserve’s next move at its rate-setting meeting later this month.

The Dow Jones Industrial Average (.DJI) fell 94.1 points, or 0.27%, at the open to 34335.73. The S&P 500 (.SPX) dipped 19.7 points, or 0.48%, at the open to 4052.02​, while the Nasdaq Composite (.IXIC) dropped 80.5 points, or 0.70%, to 11380.991 at the opening bell.