US STOCKS SNAPSHOT-Wall Street opens lower as rally in growth stocks falters

Wall Street opened lower on Wednesday due to weakness in megacap growth and technology stocks as Treasury yields rose, spurred by data that showed a resilient demand for labor despite rising interest rates.

The Dow Jones Industrial Average fell 238.0 points, or 0.78%, at the open to 30,078.36. The S&P 500 fell 37.7 points, or 0.99%, at the open to 3,753.25​, while the Nasdaq Composite dropped 153.7 points, or 1.38%, to 11,022.672 at the opening bell.

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