Wall Street subdued at open ahead of Fed interest rate verdict

[NEW YORK] Wall Street’s main stock indexes opened little changed on Wednesday (Dec 10), ahead of a Federal Reserve monetary policy decision that is widely expected to deliver an interest rate cut, while investors remain wary of hawkish commentary on the path of future easing.

The Dow Jones Industrial Average rose 13.7 points, or 0.03 per cent, at the open to 47,573.96.

The S&P 500 fell 7.0 points, or 0.10 per cent, at the open to 6,833.49, while the Nasdaq Composite dropped 40.5 points, or 0.17 per cent, to 23,536.001 at the opening bell. REUTERS