You are here

US stocks open lower ahead of Fed minutes

38422513 - 18_05_2016 - US-STOCKS-FALL-SHARPLY-ON-WALL-STREET-AS-INVESTORS-PREDICT-INTER.jpg

[NEW YORK] US stocks opened lower on Wednesday as a fall in Target and Wal-Mart Stores weighed ahead of the release of minutes from the Federal Reserve's April meeting.

The Dow Jones industrial average fell 32.32 points, or 0.18 per cent, to 17,497.66, the S&P 500 lost 4.25 points, or 0.21 per cent, to 2,042.96 and the Nasdaq composite dropped 7.45 points, or 0.16 per cent, to 4,708.29.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes