Wall Street's main indexes opened lower on Wednesday as Treasury yields surged to 14-year highs amid rising interest rates, denting gains powered by streaming giant Netflix after it reversed customer losses.
The Dow Jones Industrial Average (.DJI) fell 84.8 points, or 0.28%, at the open to 30439.04. The S&P 500 (.SPX) fell 16.9 points, or 0.45%, at the open to 3703.11, while the Nasdaq Composite (.IXIC) dropped 83.1 points, or 0.77%, to 10689.311 at the opening bell.