US:Wall St lower as nerves rise ahead of Yellen speech
Add BT as a preferred source
[WASHINGTON] Wall Street was lower on Thursday morning as investors nervously awaited Federal Reserve Chair Janet Yellen's take on interest rate hikes.
While the Fed is widely expected to maintain rates at its September meeting, Ms Yellen's language on Friday morning will be assessed to see whether she takes a more aggressive stance.
At 9:38 a.m. ET the Dow Jones Industrial Average was down 22.66 points, or 0.12 per cent, at 18,458.82.
The S&P 500 was down 3.23 points, or 0.15 per cent, at 2,172.21.
The Nasdaq Composite was down 8.23 points, or 0.16 per cent, at 5,209.46.
Eight of the 10 major S&P 500 indexes were lower, led by the consumer discretionary sector's 0.27 per cent drop.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Singtel Q1 gain drops 71% to S$818 million in absence of Airtel stake sale; weaker Singapore business
Sembcorp raises interim dividend despite 72% H1 profit slide to S$150 million on Alinta deal costs
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
CDL H1 profit jumps three times to S$301 million on strong condo sales, doubles interim dividend
