Wall Street Indexes Dip After Weak Housing Report

Wall Street's main indexes opened lower on Friday due to a weak housing starts report. This came after the S&P 500 and Nasdaq saw gains over six consecutive sessions fueled by signs of U.S. economic health. Dow Jones, S&P 500, and Nasdaq all fell at the opening bell.

Wall Street's main indexes opened lower on Friday following a weak housing starts report that dampened market sentiment. This came after the S&P 500 and Nasdaq enjoyed six consecutive sessions of gains, indicating signs of U.S. economic health.

The Dow Jones Industrial Average fell by 34.2 points, or 0.08%, at the open to 40,528.86. The S&P 500 also fell, shedding 12.7 points, or 0.23%, at the open to 5,530.5. Meanwhile, the Nasdaq Composite dropped 78.1 points, or 0.44%, to 17,516.404 at the opening bell.

(With inputs from agencies.)