Feb 27 (Reuters) – Wall Street’s main indexes opened lower on Friday as AI anxiety dragged on tech stocks, with the Nasdaq bracing for its steepest monthly drop since March 2025, while hotter-than-expected inflation data also dampened sentiment.
The Dow Jones Industrial Average fell 245.6 points, or 0.50%, at the open to 49253.57. The S&P 500 fell 52.3 points, or 0.76%, at the open to 6856.54, while the Nasdaq Composite dropped 263.0 points, or 1.15%, to 22615.429 at the opening bell.
(Reporting by Shashwat Chauhan in Bengaluru; Editing by Pooja Desai)
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