[NEW YORK] US stocks opened slightly lower on Monday as quarterly earnings failed to enthuse and investors stayed away from risky assets a day before the start of the Federal Reserve meeting.

The Dow Jones industrial average was down 41.74 points, or 0.23 per cent, at 17,962.01, the S&P 500 was down 4.85 points, or 0.23 per cent, at 2,086.73 and the Nasdaq composite was down 14.79 points, or 0.3 per cent, at 4,891.44.

REUTERS