US: Wall St opens lower ahead of Fed minutes

WALL Street’s main indexes opened lower on Wednesday (Aug 16) ahead of minutes of the Federal Reserve’s July policy meeting that could offer clues on the bank’s interest rate path, while shares of Target jumped on upbeat quarterly profit.

The Dow Jones Industrial Average fell 31.43 points, or 0.09 per cent, at the open to 34,914.96.

The S&P 500 opened lower by 4.07 points, or 0.09 per cent, at 4,433.79, while the Nasdaq Composite dropped 37.88 points, or 0.28 per cent, to 13,593.17 at the opening bell. REUTERS