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Aug 19 (Reuters) – Wall Street’s main indexes opened on Friday after U.S. Federal Reserve officials said the central bank should keep raising interest rates to control inflation, dragging down megacap growth and tech stocks.
The Dow Jones Industrial Average (.DJI) was down 94.35 points, or 0.28%, at 33,904.69 at the open.
The S&P 500 (.SPX) opened 17.43 points, or 0.41% lower, at 4,266.31, while the Nasdaq Composite (.IXIC) fell 133.07 points, or 1.03%, to 12,832.27 at the opening bell.
It was reported by Bansari Mayur Kamdar in Bengaluru
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