Wall St opens lower as bank worries linger By Reuters


© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 16, 2023. REUTERS/Brendan McDermid

(Reuters) – Wall Street’s main indexes opened lower on Friday as investors remained wary about a potential banking crisis even as the country’s largest banks came to the rescue of troubled regional lender First Republic Bank (NYSE:).

The fell 29.23 points, or 0.09%, at the open to 32,217.32. The opened lower by 1.59 points, or 0.04%, at 3,958.69, while the dropped 20.93 points, or 0.18%, to 11,696.35 at the opening bell.