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US: Wall St opens slightly lower as rate hike fears grow


[NEW YORK] US stocks opened marginally lower on Tuesday on growing speculation that the Federal Reserve could raise interest rates as soon as September.

The Dow Jones industrial average rose 7.37 points, or 0.04 per cent, to 17,773.92, the S&P 500 gained 0.94 points, or 0.05 per cent, to 2,080.22 and the Nasdaq Composite dropped 6.06 points, or 0.12 per cent, to 5,015.57.


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