Wall St opens lower as valuation concerns, rate-cut jitters linger

BY Reuters | ECONOMIC | 11/18/25 09:33 AM EST

(Reuters) -Wall Street's main indexes fell at the open on Tuesday, as concerns over lofty equity valuations and dimming chances of an interest rate cut from the Federal Reserve weighed on sentiment, while investors look ahead to Nvidia's earnings and key government data due later this week.

The Dow Jones Industrial Average fell 207.3 points, or 0.44%, at the open to 46382.92. The S&P 500 fell 31.2 points, or 0.47%, at the open to 6641.19?, while the Nasdaq Composite dropped 142.2 points, or 0.63%, to 22565.905 at the opening bell.

(Reporting by Shashwat Chauhan in Bengaluru; Editing by Krishna Chandra Eluri)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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