US: Wall St subdued at open as investors await Fed decision

WALL Street’s main indexes were subdued after the opening bell on Wednesday (Jun 14) as investors geared up for the Federal Reserve’s interest rate decision later in the day, while shares of UnitedHealth fell after the insurer warned of higher medical costs.

The Dow Jones Industrial Average fell 167.42 points, or 0.49 per cent, at the open to 34,044.70.

The S&P 500 opened lower by 2.72 points, or 0.06 per cent, at 4,366.29, while the Nasdaq Composite dropped 2.76 points, or 0.02 per cent, to 13,570.56 at the opening bell. REUTERS