Wall St subdued at open as Cisco, Walmart weigh By Reuters

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© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 26, 2023. REUTERS/Brendan McDermid

(Reuters) – Wall Street’s main indexes edged lower at open on Thursday, weighed down by a drop in shares of Cisco (NASDAQ:) and Walmart (NYSE:) on underwhelming forecasts, while optimism around peaking interest rates waned.

The fell 123.18 points, or 0.35%, at the open to 34,868.03. The opened lower by 5.80 points, or 0.13%, at 4,497.08, while the dropped 36.96 points, or 0.26%, to 14,066.88 at the opening bell.

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