Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 5, 2026.  REUTERS/Brendan McDermid
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 5, 2026. REUTERS/Brendan McDermid
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Business & Economy

Wall St slips at open as US-Iran impasse lifts oil

May 11 (Reuters) – Wall Street’s main indexes opened lower on Monday, after last week’s record-setting rally, as renewed worries over stalled U.S.-Iran talks lifted oil prices and tempered risk appetite.

The Dow Jones Industrial Average fell 60.1 points, or 0.12%, at the open to 49,549.07. The S&P 500 fell 13.6 points, or 0.18%, at the open to 7,385.31​, while the Nasdaq Composite dropped 111.4 points, or 0.42%, to 26,135.633 at the opening bell.

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(Reporting by Ragini Mathur in Bengaluru; Editing by Devika Syamnath)

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