Wall St kicks off week lower on Fed worries

US stock indexes opened lower on Tuesday following hawkish commentary from some Federal Reserve officials last week, while PayPal climbed after agreeing to sell a part of its European buy now, pay later loans, reports Reuters.

The Dow Jones Industrial Average fell 92.46 points, or 0.27 per cent, at the open to 34,206.66. The S&P 500 opened lower by 13.48 points, or 0.31 per cent, at 4,396.11, while the Nasdaq Composite dropped 47.28 points, or 0.35 per cent, to 13,642.30 at the opening bell.