US: Wall St opens lower ahead of Fed policy meet, Instacart debut
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WALL Street’s main indexes opened lower on Tuesday (Sep 19) ahead of the Federal Reserve’s policy meeting, with investors awaiting grocery delivery app Instacart’s Nasdaq debut to assess a potential recovery in the IPO market.
The Dow Jones Industrial Average fell 52.46 points, or 0.15 per cent, at the open to 34,571.84.
The S&P 500 opened lower by 8.12 points, or 0.18 per cent, at 4,445.41.
The Nasdaq Composite dropped 60.79 points, or 0.44 per cent, to 13,649.44 at the opening bell. REUTERS
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