Wall Street’s main indices opened lower on Thursday, weighed down by a revise d US GDP growth rate of 3.8%.In addition, the Labour Department reported 218,000 seasonally adjusted jobless claims for the week ending September 20, a decrease of 14,000 from the previous week’s upwardly revised figure and below the Dow Jones consensus estimate of 235,000.

Investors are also assessing comments from Kansas City Federal Reserve President Jeffrey Schmid , whose remarks tempered expectations for further interest rate cuts.

In the early hours of trading, Dow Jones Industrial Average dip 23.8 points (0.05%) to 46,097.43. S&P 500 dropped 29.8 points (0.45%) to 6,608.19, while the Nasdaq Composite fell 179.1 points (0.80%) to 22,318.77.

US economy grew more strongly than initially reported in t

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