US: Wall St ticks lower as investors await Fed rate hike clues

WALL Street’s main indexes slipped on Wednesday (Aug24) as recent economic data fuelled fears of a slowdown ahead of the US Federal Reserve’s annual conference this week.

The Dow Jones Industrial Average fell 10.58 points, or 0.03 per cent, at the open to 32,899.01.

The S&P 500 opened lower by 2.18 points, or 0.05 per cent, at 4,126.55, while the Nasdaq Composite dropped 6.15 points, or 0.05 per cent, to 12,375.15 at the opening bell. REUTERS