US opens lower as BoJ eases cap on bond yields - Breaking The News
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US opens lower as BoJ eases cap on bond yields

EPA-EFE/JUSTIN LANE

Major stock markets on Wall Street kicked off mostly in negative territory on Tuesday as investors awaited the latest earnings reports from FedEx and Nike.

The sentiment was pushed by the Bank of Japan's surprising decision to loosen the cap on bond yields in its policy decision earlier today, sparking a sell-off in multiple markets.

The Nasdaq 100 fell by 0.43% by the opening bell, while the S&P 500 slid 0.15%. On the other hand, the Dow Jones rose by 0.11%. The euro gained 0.13% against the dollar to sell for 1.06178 at 9:39 am ET.

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