US: Wall Street opens lower ahead of Fed rate decision

WALL Street’s main indexes opened lower on Monday (Jan 30), with the tech-focused Nasdaq dropping nearly 1 per cent, to kick-start the busiest week of the earnings season and ahead of key central bank meetings.

The Nasdaq Composite dropped 109.37 points, or 0.94 per cent, to 11,512.34 at the opening bell.

The Dow Jones Industrial Average fell 68.87 points, or 0.20 per cent, at the open to 33,909.21, while The S&P 500 opened lower by 21.29 points, or 0.52 per cent, at 4,049.27. REUTERS