US: Wall Street opens lower ahead of Fed minutes

WALL Street’s main indexes opened lower on Wednesday (Jul 5) as investors awaited minutes of the Federal Reserve’s June meeting for clues on the central bank’s monetary policy path, while Sino-US tensions and weak economic data from Beijing dented sentiment.

The Dow Jones Industrial Average fell 73.75 points, or 0.21 per cent, at the open to 34,344.72.

The S&P 500 opened lower by 13.55 points, or 0.30 per cent, at 4,442.04, while the Nasdaq Composite dropped 44.67 points, or 0.32 per cent, to 13,772.10 at the opening bell. REUTERS